Insider Buying: Amotiv (ASX:AOV) Insider Buys A$76,400.00 in Stock

Amotiv Ltd (ASX:AOV) insider Graeme Whickman purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The shares were acquired at an average cost of A$7.64 per share, with a total value of A$76,400.00.

Amotiv Price Performance

Amotiv Announces Dividend

The business also recently announced a Interim dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Wednesday, March 11th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Sunday, March 1st. This represents a yield of 248.0%. Amotiv’s dividend payout ratio is presently 57.75%.

About Amotiv

Amotiv Limited, through its subsidiaries, manufactures, imports, distributes, and sells automotive products in Australia, New Zealand, Thailand, South Korea, France, and the United States. It operates through Automotive, Auto Pacific Group (APG), and Davey segments. The Automotive segment offers automotive and heavy-duty filters for cars, trucks, and agricultural and mining equipment; automotive electrical and lighting products; and fuel pumps and associated products and accessories for the automotive after-market.