Chase Corp. (CCF) Insider Peter R. Chase Sells 8,000 Shares of Stock
Chase Corp. (NYSEMKT:CCF) insider Peter R. Chase sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $72.93, for a total transaction of $583,440.00. Following the completion of the transaction, the insider now directly owns 728,852 shares in the company, valued at approximately $53,155,176.36. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Shares of Chase Corp. (NYSEMKT:CCF) traded up 0.1121% on Thursday, hitting $75.4345. 10,911 shares of the stock traded hands. The stock has a 50 day moving average of $68.58 and a 200-day moving average of $62.61. Chase Corp. has a 1-year low of $37.20 and a 1-year high of $77.00. The stock has a market cap of $699.73 million, a PE ratio of 21.5527 and a beta of 1.64.
The firm also recently announced an annual dividend, which will be paid on Wednesday, December 7th. Shareholders of record on Friday, November 11th will be paid a dividend of $0.70 per share. This is an increase from Chase Corp.’s previous annual dividend of $0.65. The ex-dividend date is Tuesday, November 8th. This represents a yield of 1.1%. Chase Corp.’s payout ratio is presently 20.44%.
About Chase Corp.
Chase Corporation (Chase) is a manufacturer of protective materials for high reliability applications. The Company operates in two segments: industrial materials segment and construction materials segment. The industrial materials segment represents its specified products, which are used in or integrated into another company’s product with demand dependent upon general economic conditions.
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