Supply Network Limited (ASX:SNL – Get Rating) declared a interim dividend on Thursday, March 16th, MarketIndexAU reports. Investors of record on Wednesday, April 5th will be paid a dividend of 0.20 per share on Wednesday, April 5th. This represents a yield of 1.63%. The ex-dividend date of this dividend is Tuesday, March 21st. This is an increase from Supply Network’s previous interim dividend of $0.12.
Supply Network Price Performance
The company has a debt-to-equity ratio of 70.95, a quick ratio of 0.75 and a current ratio of 2.38.
Insider Buying and Selling
In related news, insider Gregory Forsyth 11,561,895 shares of the firm’s stock in a transaction dated Wednesday, February 8th. 98.16% of the stock is owned by corporate insiders.
About Supply Network
Supply Network Limited provides aftermarket parts to the commercial vehicle industry in Australia and New Zealand. The company sells truck and bus parts under the Multispares brand name, as well as offers a range of services comprising parts interpreting, procurement, supply management, and problem solving.
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