Turners Automotive Group Ltd (ASX:TRA) Announces $0.05 Final Dividend

Turners Automotive Group Ltd (ASX:TRA) announced a final dividend on Thursday, May 30th, MarketIndexAU reports. Stockholders of record on Thursday, July 18th will be given a dividend of 0.047 per share on Thursday, July 18th. This represents a dividend yield of 2.25%. The ex-dividend date is Monday, July 8th.

Turners Automotive Group stock opened at A$2.10 ($1.49) on Friday. The business has a 50-day simple moving average of A$2.10. Turners Automotive Group has a twelve month low of A$2.10 ($1.49) and a twelve month high of A$2.10 ($1.49). The company has a debt-to-equity ratio of 138.21, a quick ratio of 74.46 and a current ratio of 95.00. The company has a market cap of $182.47 million and a P/E ratio of 10.14.

In other news, insider Paul Byrnes sold 703,049 shares of the business’s stock in a transaction dated Monday, June 17th. The shares were sold at an average price of A$2.36 ($1.67), for a total value of A$1,659,898.69 ($1,177,233.11).

About Turners Automotive Group

Turners Automotive Group Limited operates as an automotive and financial services company in New Zealand and Australia. The company operates through Automotive Retail, Collection Services, Finance, and Insurance segments. It buys and sells second hand cars, trucks, and machinery under the Turners and Buy Right Cars brand names.

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