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

Nick Scali Limited (ASX:NCK) insider Niranjan (Niran) Peiris purchased 5,435 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were acquired at an average cost 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 acquired 5,194 shares of Nick Scali stock. The stock was acquired at an average cost of A$19.25 per share, for a total transaction of A$99,984.50.

Nick Scali Price Performance

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

Nick Scali Announces Dividend

The business also recently disclosed a Interim dividend, which will be paid on Monday, March 23rd. Stockholders of record on Monday, March 23rd will be given a dividend of $0.39 per share. This represents a dividend yield of 212.0%. The ex-dividend date is Sunday, March 1st. Nick Scali’s dividend payout ratio (DPR) is 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.