Reece Limited (ASX:REH) Insider Acquires A$29,859.00 in Stock

Reece Limited (ASX:REHGet Free Report) insider Karen Penrose acquired 1,110 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was bought at an average price of A$26.90 ($17.35) per share, with a total value of A$29,859.00 ($19,263.87).

Reece Price Performance

The company has a debt-to-equity ratio of 49.81, a current ratio of 2.34 and a quick ratio of 1.07.

Reece Announces Dividend

The firm also recently announced a Interim dividend, which was paid on Tuesday, April 9th. Shareholders of record on Tuesday, April 9th were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, March 26th. This represents a yield of 0.29%. Reece’s payout ratio is 37.88%.

Reece Company Profile

(Get Free Report)

Reece Limited engages in the distribution of plumbing, waterworks, bathroom, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, the United States, and New Zealand. It also distributes irrigation and pools, and kitchen products. The company serves customers in the trade, retail, commercial, and infrastructure markets.

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