Lynch Group Holdings Limited (ASX:LGL – Get Free Report) insider Peter Clare purchased 36,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 19th. The stock was bought at an average cost of A$1.34 ($0.88) per share, with a total value of A$48,276.00 ($31,552.94).
Lynch Group Price Performance
The company has a debt-to-equity ratio of 51.38, a quick ratio of 0.84 and a current ratio of 1.09.
Lynch Group Cuts Dividend
The firm also recently announced a Interim dividend, which was paid on Tuesday, March 19th. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.04 per share. This represents a dividend yield of 2.85%. The ex-dividend date of this dividend was Monday, March 4th. Lynch Group’s payout ratio is -73.33%.
Lynch Group Company Profile
Lynch Group Holdings Limited operates as a grower, wholesaler, retailer, and importer of flowers and potted plants in Australia and China. The company's product portfolio includes gerbera, geraldton wax, phalaenopsis orchids, potted color products, and other wildflowers. It also exports its products.
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