Insider Buying: Nick Scali (ASX:NCK) Insider Acquires A$25,663.50 in Stock

Nick Scali Limited (ASX:NCK) insider Kathryn Parsons purchased 1,350 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was acquired at an average cost of A$19.01 per share, for a total transaction of A$25,663.50.

Nick Scali Stock Performance

The stock has a market capitalization of $1.47 billion, a P/E ratio of 17.51, a P/E/G ratio of 1.37 and a beta of 1.48. The company has a debt-to-equity ratio of 124.28, a quick ratio of 0.41 and a current ratio of 1.14.

Nick Scali Announces Dividend

The business also recently declared a Interim dividend, which will be paid on Monday, March 23rd. Shareholders of record on Monday, March 23rd will be paid a $0.39 dividend. This represents a yield of 212.0%. The ex-dividend date of this dividend is Sunday, March 1st. Nick Scali’s payout ratio is 66.67%.

About Nick Scali

Nick Scali Limited, together with its subsidiaries, engages in sourcing and retailing of household furniture and related accessories in Australia and New Zealand. It offers sofas and armchairs; TV and entertainment units; coffee, side, and console and hallway tables; dinning tables and chairs, and buffet tables and sideboards; mattresses, bed frames, bedside tables, tallboy, and dressers; and rugs, mirrors, and lighting. The company provides its products through a network of stores in Australia and New Zealand, as well as online.