Alimentation Couche-Tard Inc (TSE:ATD.A) Director Jean André Élie sold 1,500 shares of the firm’s stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of C$84.15, for a total value of C$126,217.50. Following the completion of the transaction, the director now directly owns 20,550 shares in the company, valued at C$1,729,179.75.
TSE:ATD.A opened at C$83.93 on Friday. The firm has a 50-day moving average of C$84.44. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 78.48. Alimentation Couche-Tard Inc has a 12 month low of C$58.85 and a 12 month high of C$88.70. The stock has a market capitalization of $10.65 billion and a price-to-earnings ratio of 25.82.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 1st. Shareholders of record on Thursday, August 1st will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 0.60%. The ex-dividend date is Wednesday, July 17th. Alimentation Couche-Tard’s dividend payout ratio (DPR) is presently 15.38%.
Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, beverages, and fresh food offerings; road transportation fuel; and stationary energy, marine fuel, aviation fuel, and chemicals. The company operates its convenience store and road transportation fuel retailing chain under various banners, including Circle K, Couche-Tard, Holiday, Ingo, Mac's, Re.Store, and Topaz.
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