Reece Limited (REH) To Go Ex-Dividend on March 17th

Reece Limited (ASX:REH) announced a interim dividend on Tuesday, February 25th, MarketIndexAU Dividends reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.065 per share on Tuesday, April 1st. This represents a dividend yield of 0.36%. The ex-dividend date of this dividend is Monday, March 17th.

Reece Price Performance

The company has a debt-to-equity ratio of 47.17, a quick ratio of 1.07 and a current ratio of 2.17. The firm has a market capitalization of $14.51 billion, a P/E ratio of 34.61, a P/E/G ratio of 1.37 and a beta of 0.83.

Insider Activity at Reece

In other Reece news, insider Gavin Street acquired 2,237 shares of Reece stock in a transaction that occurred on Tuesday, February 25th. The stock was acquired at an average cost of A$18.34 ($11.61) per share, for a total transaction of A$41,026.58 ($25,966.19). Also, insider Ross McEwan acquired 30,000 shares of Reece stock in a transaction that occurred on Thursday, February 27th. The stock was acquired at an average price of A$18.06 ($11.43) per share, with a total value of A$541,830.00 ($342,930.38). 58.63% of the stock is owned by company insiders.

About Reece

Reece Limited engages in the distribution of plumbing, waterworks, bathroom, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, the United States, and New Zealand. It also distributes irrigation and pools, and kitchen products. The company serves customers in the trade, retail, commercial, and infrastructure markets.