Eagers Automotive (ASX:APE) Insider Nicholas Politis Buys 50,000 Shares of Stock

Eagers Automotive Limited (ASX:APE) insider Nicholas Politis bought 50,000 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was bought at an average cost of A$25.48 per share, with a total value of A$1,274,200.00.

Nicholas Politis also recently made the following trade(s):

• On Friday, December 12th, Nicholas Politis acquired 100,000 shares of Eagers Automotive stock. The shares were bought at an average price of A$24.44 per share, with a total value of A$2,443,500.00.

Eagers Automotive Price Performance

The company has a debt-to-equity ratio of 250.45, a quick ratio of 0.42 and a current ratio of 1.02. The company has a market cap of $3.33 billion, a P/E ratio of 12.83, a P/E/G ratio of -2.13 and a beta of 1.61.

Eagers Automotive Announces Dividend

The company also recently declared a Final dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 18th will be paid a $0.50 dividend. This represents a dividend yield of 196.0%. The ex-dividend date is Wednesday, March 4th. Eagers Automotive’s dividend payout ratio is presently 73.27%.

About Eagers Automotive

Eagers Automotive Limited, an automotive retail company, owns and operates motor vehicle dealerships in Australia and New Zealand. It operates in two segments, Car Retailing and Property. The Car Retailing segment offers a range of automotive products and services, including new and used vehicles, vehicle maintenance and repair services, vehicle parts, service contracts, vehicle brokerage services, vehicle protection products, and other aftermarket products. It also engages in facilitating financing for vehicle purchases through third-party sources; and motor auction and forklift rental business.