Corby Spirit and Wine Ltd (TSE:CSW.A) Senior Officer Sells C$37,175.00 in Stock

Corby Spirit and Wine Ltd (TSE:CSW.A) Senior Officer Ryan Thomas Joseph Smith sold 2,500 shares of the firm’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of C$14.87, for a total transaction of C$37,175.00. Following the sale, the insider now owns 991 shares in the company, valued at C$14,736.17. The trade was a 71.61 % decrease in their ownership of the stock.

Corby Spirit and Wine Price Performance

CSW.A stock traded down C$0.16 during trading on Wednesday, reaching C$14.25. The company’s stock had a trading volume of 3,375 shares, compared to its average volume of 16,299. The company has a quick ratio of 1.77, a current ratio of 2.34 and a debt-to-equity ratio of 77.55. The company’s fifty day moving average is C$13.96 and its 200-day moving average is C$13.13. The company has a market capitalization of C$345.85 million, a P/E ratio of 16.96 and a beta of 0.27. Corby Spirit and Wine Ltd has a 1 year low of C$12.12 and a 1 year high of C$15.66.

Corby Spirit and Wine Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, March 12th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Wednesday, February 26th. This represents a $0.92 annualized dividend and a dividend yield of 6.46%. This is a boost from Corby Spirit and Wine’s previous quarterly dividend of $0.22. Corby Spirit and Wine’s dividend payout ratio (DPR) is currently 104.76%.

About Corby Spirit and Wine

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace.