Reece Limited (ASX:REH – Get Free Report) insider Karen Penrose purchased 1,110 shares of the stock in a transaction dated Tuesday, April 16th. The shares were acquired at an average cost of A$26.90 ($17.35) per share, for a total transaction of A$29,859.00 ($19,263.87).
Reece Stock Performance
The company has a debt-to-equity ratio of 49.81, a quick ratio of 1.07 and a current ratio of 2.34.
Reece Announces Dividend
The firm also recently declared a Interim dividend, which was paid on Tuesday, April 9th. Stockholders of record on Tuesday, April 9th were issued a dividend of $0.08 per share. This represents a dividend yield of 0.29%. The ex-dividend date of this dividend was Tuesday, March 26th. Reece’s dividend payout ratio (DPR) is 37.88%.
Reece Company Profile
Reece Limited engages in the distribution of plumbing, waterworks, bathroom, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, the United States, and New Zealand. It also distributes irrigation and pools, and kitchen products. The company serves customers in the trade, retail, commercial, and infrastructure markets.
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