Chorus Limited (ASX:CNU – Get Free Report) insider Neal Barclay acquired 11,233 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was purchased at an average cost of A$8.90 ($5.67) per share, for a total transaction of A$99,973.70 ($63,677.52).
Chorus Price Performance
The company has a quick ratio of 0.49, a current ratio of 0.37 and a debt-to-equity ratio of 429.61.
Chorus Increases Dividend
The firm also recently disclosed a Final dividend, which was paid on Monday, October 7th. Shareholders of record on Monday, October 7th were given a $0.222 dividend. This is a boost from Chorus’s previous Final dividend of $0.20. The ex-dividend date was Sunday, September 15th. This represents a yield of 2.61%. Chorus’s dividend payout ratio is presently -1,850.00%.
Chorus Company Profile
Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and solutions for transport and infrastructure. The company also builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets.
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