Chorus Limited (ASX:CNU – Get Free Report) insider Neal Barclay bought 13,087 shares of the firm’s stock in a transaction on Monday, April 7th. The shares were bought at an average cost of A$8.02 ($4.98) per share, with a total value of A$104,997.00 ($65,215.53).
Chorus Stock Performance
The company has a debt-to-equity ratio of 332.58, a current ratio of 0.37 and a quick ratio of 0.49. The firm has a market capitalization of $3.74 billion, a PE ratio of -514.36 and a beta of 0.22.
Chorus Increases Dividend
The company also recently announced a Interim dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, April 14th will be given a $0.177 dividend. This is a positive change from Chorus’s previous Interim dividend of $0.15. This represents a yield of 2.44%. The ex-dividend date is Sunday, March 16th. Chorus’s dividend payout ratio is presently -1,850.00%.
Chorus Company Profile
Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and solutions for transport and infrastructure. The company also builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets.
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