Nick Scali Limited (ASX:NCK) Insider Buys A$367,325.00 in Stock

Nick Scali Limited (ASX:NCK) insider Carole Molyneux acquired 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The stock was purchased at an average price of A$14.69 ($9.73) per share, for a total transaction of A$367,325.00 ($243,261.59).

Carole Molyneux also recently made the following trade(s):

• On Wednesday, March 27th, Carole Molyneux sold 25,000 shares of Nick Scali stock. The shares were sold at an average price of A$15.26 ($10.11), for a total value of A$381,500.00 ($252,649.01).

Nick Scali Stock Performance

The company has a debt-to-equity ratio of 156.92, a quick ratio of 0.41 and a current ratio of 0.95.

Nick Scali Cuts Dividend

The firm also recently announced a Interim dividend, which was paid on Monday, March 25th. Shareholders of record on Monday, March 25th were issued a dividend of $0.35 per share. The ex-dividend date was Sunday, March 3rd. This represents a yield of 2.39%. Nick Scali’s dividend payout ratio (DPR) is presently 67.96%.

Nick Scali Company Profile

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.