MaxiPARTS Limited (ASX:MXI – Get Free Report) insider Mary Verschuer purchased 25,503 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The shares were purchased at an average cost of A$2.38 ($1.56) per share, for a total transaction of A$60,697.14 ($39,671.33).
MaxiPARTS Price Performance
The company has a current ratio of 2.41, a quick ratio of 1.14 and a debt-to-equity ratio of 70.44.
MaxiPARTS Cuts Dividend
The business also recently disclosed a Interim dividend, which was paid on Monday, March 25th. Shareholders of record on Monday, March 25th were given a $0.026 dividend. This represents a yield of 1.09%. The ex-dividend date of this dividend was Tuesday, February 27th. MaxiPARTS’s dividend payout ratio is 46.15%.
MaxiPARTS Company Profile
MaxiPARTS Limited, together with its subsidiaries, distributes and sells commercial truck and trailer parts in Australia. It sells, wholesales, and trades in commercial vehicle parts to road transport operators, as well as commercial vehicle service and repair providers under the MaxiPARTS brand. The company offers lights, tools, oil and filters, axles, suspensions, and brakes.
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