MotorCycle Holdings Limited to Issue Interim Dividend of $0.10 (ASX:MTO)

MotorCycle Holdings Limited (ASX:MTO) declared a interim dividend on Friday, February 27th, MarketIndexAU Dividends reports. Investors of record on Thursday, March 26th will be given a dividend of 0.095 per share on Thursday, March 26th. This represents a yield of 333.0%. The ex-dividend date is Wednesday, March 11th.

MotorCycle Stock Performance

The company has a current ratio of 1.78, a quick ratio of 0.18 and a debt-to-equity ratio of 72.19. The stock has a market capitalization of $132.85 million, a price-to-earnings ratio of 9.40, a PEG ratio of -1.28 and a beta of 1.26.

Insider Activity at MotorCycle

In other news, insider Robert Cassen acquired 50,000 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were bought at an average price of A$3.15 per share, with a total value of A$157,500.00. Insiders own 57.57% of the company’s stock.

About MotorCycle

MotorCycle Holdings Limited owns and operates motorcycle dealerships in Australia. It operates through two segments, Motorcycle Retailing and Motorcycle Accessories Wholesaling. The company is involved in the sale of new motorcycles, used motorcycles, accessories and parts, and mechanical protection plan contracts; wholesaling and retailing of motorcycle accessories; and financing and insurance services for motorcycle purchases through third-party sources, as well as servicing and repair of motorcycles.