Alaris Royalty Corp. (TSE:AD) Senior Officer Darren John Driscoll acquired 2,000 shares of Alaris Royalty stock in a transaction on Monday, March 23rd. The shares were purchased at an average price of C$6.19 per share, with a total value of C$12,380.00. Following the completion of the purchase, the insider now owns 384,088 shares in the company, valued at approximately C$2,377,504.72.
TSE:AD opened at C$7.86 on Thursday. The firm has a market cap of $228.84 million and a P/E ratio of 8.02. The company has a debt-to-equity ratio of 62.37, a quick ratio of 0.34 and a current ratio of 1.87. Alaris Royalty Corp. has a fifty-two week low of C$5.83 and a fifty-two week high of C$23.34. The firm has a 50-day simple moving average of C$17.23 and a two-hundred day simple moving average of C$20.12.
The business also recently declared a monthly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 28th were issued a dividend of $0.138 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 21.07%. The ex-dividend date was Thursday, February 27th. This is an increase from Alaris Royalty’s previous monthly dividend of $0.14. Alaris Royalty’s dividend payout ratio (DPR) is presently 168.37%.
About Alaris Royalty
Alaris Royalty Corp. is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consumer products.
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