Nick Scali (ASX:NCK) Insider Acquires A$100,004.00 in Stock

Nick Scali Limited (ASX:NCK) insider Niranjan (Niran) Peiris bought 5,435 shares of Nick Scali stock in a transaction dated Monday, February 23rd. The shares were acquired at an average price of A$18.40 per share, with a total value of A$100,004.00.

Niranjan (Niran) Peiris also recently made the following trade(s):

• On Tuesday, February 17th, Niranjan (Niran) Peiris purchased 5,194 shares of Nick Scali stock. The stock was acquired at an average price of A$19.25 per share, for a total transaction of A$99,984.50.

Nick Scali Stock Performance

The company has a debt-to-equity ratio of 124.28, a current ratio of 1.14 and a quick ratio of 0.41. The firm has a market cap of $1.47 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.37 and a beta of 1.48.

Nick Scali Announces Dividend

The business also recently announced a Interim dividend, which will be paid on Monday, March 23rd. Investors of record on Monday, March 23rd will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Sunday, March 1st. This represents a dividend yield of 212.0%. Nick Scali’s payout ratio is presently 66.67%.

Nick Scali Company Profile

Nick Scali Limited, together with its subsidiaries, engages in sourcing and retailing of household furniture and related accessories in Australia and New Zealand. It offers sofas and armchairs; TV and entertainment units; coffee, side, and console and hallway tables; dinning tables and chairs, and buffet tables and sideboards; mattresses, bed frames, bedside tables, tallboy, and dressers; and rugs, mirrors, and lighting. The company provides its products through a network of stores in Australia and New Zealand, as well as online.