Lynch Group Holdings Limited (ASX:LGL) Insider Peter Clare Buys 36,000 Shares

Lynch Group Holdings Limited (ASX:LGLGet Free Report) insider Peter Clare bought 36,000 shares of Lynch Group stock in a transaction that occurred on Tuesday, March 19th. The stock was purchased at an average cost of A$1.34 ($0.88) per share, for a total transaction of A$48,276.00 ($31,552.94).

Lynch Group Price Performance

The company has a debt-to-equity ratio of 51.38, a current ratio of 1.09 and a quick ratio of 0.84.

Lynch Group Cuts Dividend

The company also recently announced a Interim dividend, which was paid on Tuesday, March 19th. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, March 4th. This represents a dividend yield of 2.85%. Lynch Group’s dividend payout ratio is currently -73.33%.

Lynch Group Company Profile

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Lynch Group Holdings Limited operates as a grower, wholesaler, retailer, and importer of flowers and potted plants in Australia and China. The company's product portfolio includes gerbera, geraldton wax, phalaenopsis orchids, potted color products, and other wildflowers. It also exports its products.

Further Reading

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