Insider Buying: Lynch Group Holdings Limited (ASX:LGL) Insider Buys A$48,276.00 in Stock

Lynch Group Holdings Limited (ASX:LGLGet Free Report) insider Peter Clare acquired 36,000 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was purchased at an average price of A$1.34 ($0.88) per share, with a total value of A$48,276.00 ($31,552.94).

Lynch Group Price Performance

The company has a quick ratio of 0.84, a current ratio of 1.09 and a debt-to-equity ratio of 51.38.

Lynch Group Cuts Dividend

The company also recently disclosed a Interim dividend, which was paid on Tuesday, March 19th. Shareholders of record on Tuesday, March 19th were paid a $0.04 dividend. The ex-dividend date was Monday, March 4th. This represents a yield of 2.85%. Lynch Group’s dividend payout ratio (DPR) is -73.33%.

About Lynch Group

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Lynch Group Holdings Limited operates as a grower, wholesaler, retailer, and importer of flowers and potted plants in Australia and China. The company's product portfolio includes gerbera, geraldton wax, phalaenopsis orchids, potted color products, and other wildflowers. It also exports its products.

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