Simon Conn Acquires 30,000 Shares of QV Equities Ltd (ASX:QVE) Stock

QV Equities Ltd (ASX:QVE) insider Simon Conn acquired 30,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was acquired at an average price of A$1.00 ($0.71) per share, for a total transaction of A$30,030.00 ($21,297.87).

Shares of QV Equities stock remained flat at $A$1.01 ($0.71) during trading on Thursday. The stock had a trading volume of 241,845 shares. The stock has a 50 day moving average price of A$1.01 and a two-hundred day moving average price of A$1.04. The company has a market cap of $277.73 million and a price-to-earnings ratio of 29.56. QV Equities Ltd has a twelve month low of A$0.96 ($0.68) and a twelve month high of A$1.22 ($0.87).

The firm also recently disclosed a Final dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 20th will be paid a $0.022 dividend. The ex-dividend date is Wednesday, August 28th. This represents a dividend yield of 2.14%. QV Equities’s payout ratio is presently 117.65%.



About QV Equities

QV Equities Limited is a listed investment company launched and managed by Investors Mutual Limited. The firm invests in the public equity markets of Australia. It invests primarily in entities outside of the S&P/ASX 20 Index. The firm invests in the value stocks. It employs a bottom up research to create its portfolio.

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