Chorus Limited (ASX:CNU – Get Free Report) insider Neal Barclay purchased 11,233 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was purchased at an average price 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. Investors of record on Monday, October 7th were paid a $0.222 dividend. This represents a yield of 2.61%. This is a boost from Chorus’s previous Final dividend of $0.20. The ex-dividend date of this dividend was Sunday, September 15th. Chorus’s dividend payout ratio is presently -1,850.00%.
About Chorus
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.
Recommended Stories
- Five stocks we like better than Chorus
- Profitably Trade Stocks at 52-Week Highs
- The Great CPU Race: AMD and Intel Battle for Dominance
- Investing In Preferred Stock vs. Common Stock
- GameStop Turns a Profit: So What? It’s Still Not Worth Investing
- Financial Services Stocks Investing
- C3.ai Stock Surges on Strong Sales Despite Profit Concerns
Receive News & Ratings for Chorus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chorus and related companies with MarketBeat.com's FREE daily email newsletter.
