Reece Limited (ASX:REH – Get Free Report) insider Karen Penrose acquired 1,110 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was acquired at an average price of A$26.90 ($17.35) per share, with a total value 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 business also recently declared a Interim dividend, which was paid on Tuesday, April 9th. Stockholders of record on Tuesday, April 9th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, March 26th. This represents a dividend yield of 0.29%. Reece’s dividend payout ratio (DPR) is presently 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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