COG Financial Services Limited (ASX:COG) Insider Acquires A$1,873,062.44 in Stock

COG Financial Services Limited (ASX:COG) insider Cameron McCullagh acquired 1,955,180 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were bought at an average price of A$0.96 ($0.66) per share, with a total value of A$1,873,062.44 ($1,291,767.20).

Cameron McCullagh also recently made the following trade(s):

• On Friday, September 6th, Cameron McCullagh acquired 201,341 shares of COG Financial Services stock. The shares were bought at an average price of A$1.00 ($0.69) per share, with a total value of A$201,341.00 ($138,855.86).

COG Financial Services Price Performance

The company has a quick ratio of 0.47, a current ratio of 0.79 and a debt-to-equity ratio of 185.01.

COG Financial Services Cuts Dividend

The business also recently disclosed a Final dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, October 1st were given a dividend of $0.044 per share. This represents a yield of 4.19%. The ex-dividend date was Sunday, September 1st. COG Financial Services’s dividend payout ratio is presently 128.57%.

COG Financial Services Company Profile

COG Financial Services Limited, together with its subsidiaries, engages in equipment financing and broking, aggregation, insurance broking, and novated leasing activities in Australia. The company operates through: Finance Broking and Aggregation; and Funds Management and Lending segments. It also provides management of investment funds; provides financing arrangements to commercial customers for essential business assets; and managed IT services.