Bapcor Limited (ASX:BAP) Insider Jacqueline Korhonen Acquires 9,500 Shares

Bapcor Limited (ASX:BAP) insider Jacqueline Korhonen acquired 9,500 shares of Bapcor stock in a transaction that occurred on Monday, March 3rd. The stock was acquired at an average cost of A$5.16 ($3.27) per share, with a total value of A$49,020.00 ($31,025.32).

Bapcor Stock Performance

The firm has a market cap of $1.72 billion, a price-to-earnings ratio of -10.85, a PEG ratio of 1.60 and a beta of 0.54. The company has a quick ratio of 0.82, a current ratio of 2.33 and a debt-to-equity ratio of 77.69.

Bapcor Cuts Dividend

The business also recently announced a Interim dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, April 2nd will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a yield of 1.49%. Bapcor’s payout ratio is currently -23.40%.

About Bapcor

Bapcor Limited sells and distributes vehicle parts, accessories, automotive equipment, and services and solutions in Australia, New Zealand, and Thailand. The company operates through four segments: Bapcor Trade, Bapcor Specialist Wholesale, Bapcor Retail, and Bapcor NZ. The Bapcor Trade segment offers automotive aftermarket parts and consumables to trade workshops for the service and repair of passenger and commercial vehicles; automotive workshop equipment, such as vehicle hoists and scanning equipment, including the servicing of the equipment; and automotive accessories and maintenance products to do-it-yourself vehicle owners.