Eagers Automotive (ASX:APE) Insider Purchases A$1,274,200.00 in Stock

Eagers Automotive Limited (ASX:APE) insider Nicholas Politis purchased 50,000 shares of the stock in a transaction on Friday, February 20th. The stock was acquired at an average price of A$25.48 per share, for a total transaction of A$1,274,200.00.

Nicholas Politis also recently made the following trade(s):

• On Friday, December 12th, Nicholas Politis bought 100,000 shares of Eagers Automotive stock. The stock was bought at an average cost of A$24.44 per share, for a total transaction of A$2,443,500.00.

Eagers Automotive Stock Performance

The company has a debt-to-equity ratio of 250.45, a current ratio of 1.02 and a quick ratio of 0.42. The company has a market capitalization of $3.33 billion, a PE ratio of 12.83, a P/E/G ratio of -2.13 and a beta of 1.61.

Eagers Automotive Announces Dividend

The firm also recently declared a Final dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 18th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a dividend yield of 196.0%. Eagers Automotive’s dividend payout ratio (DPR) is presently 73.27%.

Eagers Automotive Company Profile

Eagers Automotive Limited, an automotive retail company, owns and operates motor vehicle dealerships in Australia and New Zealand. It operates in two segments, Car Retailing and Property. The Car Retailing segment offers a range of automotive products and services, including new and used vehicles, vehicle maintenance and repair services, vehicle parts, service contracts, vehicle brokerage services, vehicle protection products, and other aftermarket products. It also engages in facilitating financing for vehicle purchases through third-party sources; and motor auction and forklift rental business.