Corby Spirit and Wine Ltd (TSE:CSW.A) Senior Officer Sells C$37,175.00 in Stock

Corby Spirit and Wine Ltd (TSE:CSW.A) Senior Officer Ryan Thomas Joseph Smith sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of C$14.87, for a total value of C$37,175.00. Following the transaction, the insider now owns 991 shares of the company’s stock, valued at C$14,736.17. This trade represents a 71.61 % decrease in their position.

Corby Spirit and Wine Price Performance

Shares of CSW.A stock opened at C$14.45 on Friday. The stock has a 50 day moving average price of C$14.03 and a 200 day moving average price of C$13.14. Corby Spirit and Wine Ltd has a 52-week low of C$12.12 and a 52-week high of C$15.66. The company has a debt-to-equity ratio of 77.55, a quick ratio of 1.77 and a current ratio of 2.34. The firm has a market capitalization of C$350.70 million, a P/E ratio of 17.20 and a beta of 0.27.

Corby Spirit and Wine Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 12th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 6.37%. This is an increase from Corby Spirit and Wine’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, February 26th. Corby Spirit and Wine’s dividend payout ratio (DPR) is 104.76%.

Corby Spirit and Wine Company Profile

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace.