MaxiPARTS Limited (ASX:MXI – Get Free Report) insider Mary Verschuer purchased 25,503 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were purchased at an average price of A$2.38 ($1.56) per share, with a total value of A$60,697.14 ($39,671.33).
MaxiPARTS Stock Performance
The company has a quick ratio of 1.14, a current ratio of 2.41 and a debt-to-equity ratio of 70.44.
MaxiPARTS Cuts Dividend
The company also recently declared a Interim dividend, which was paid on Monday, March 25th. Investors of record on Monday, March 25th were paid a $0.026 dividend. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a yield of 1.09%. MaxiPARTS’s payout ratio is 46.15%.
About MaxiPARTS
MaxiPARTS Limited, together with its subsidiaries, distributes and sells commercial truck and trailer parts in Australia. It sells, wholesales, and trades in commercial vehicle parts to road transport operators, as well as commercial vehicle service and repair providers under the MaxiPARTS brand. The company offers lights, tools, oil and filters, axles, suspensions, and brakes.
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