Supply Network Limited (SNL) to Issue Interim Dividend of $0.20 on April 5th

Supply Network Limited (ASX:SNL – Get Rating) declared a interim dividend on Thursday, March 16th, MarketIndexAU reports. Stockholders of record on Wednesday, April 5th will be given a dividend of 0.20 per share on Wednesday, April 5th. This represents a dividend yield of 1.63%. The ex-dividend date is Tuesday, March 21st. This is an increase from Supply Network’s previous interim dividend of $0.12.

Supply Network Stock Performance

The company has a quick ratio of 0.75, a current ratio of 2.38 and a debt-to-equity ratio of 70.95.

Insider Transactions at Supply Network

In related news, insider Gregory Forsyth 11,561,895 shares of the stock in a transaction on Wednesday, February 8th. Company insiders own 98.16% of the company’s stock.

Supply Network Company Profile

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Supply Network Limited provides aftermarket parts to the commercial vehicle industry in Australia and New Zealand. The company sells truck and bus parts under the Multispares brand name, as well as offers a range of services comprising parts interpreting, procurement, supply management, and problem solving.