Niranjan (Niran) Peiris Purchases 5,435 Shares of Nick Scali (ASX:NCK) Stock

Nick Scali Limited (ASX:NCK) insider Niranjan (Niran) Peiris bought 5,435 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were acquired at an average price of A$18.40 per share, with a total value of A$100,004.00.

Niranjan (Niran) Peiris also recently made the following trade(s):

• On Tuesday, February 17th, Niranjan (Niran) Peiris purchased 5,194 shares of Nick Scali stock. The stock was bought at an average price of A$19.25 per share, with a total value of A$99,984.50.

Nick Scali Price Performance

The firm has a market capitalization of $1.47 billion, a PE 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 Dividend Announcement

The firm also recently announced a Interim dividend, which will be paid on Monday, March 23rd. Investors of record on Monday, March 23rd will be given a dividend of $0.39 per share. The ex-dividend date is Sunday, March 1st. This represents a dividend yield of 212.0%. Nick Scali’s dividend payout ratio (DPR) is currently 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.