Ryan Thomas Joseph Smith Sells 2,500 Shares of Corby Spirit and Wine Ltd (TSE:CSW.A) Stock

Corby Spirit and Wine Ltd (TSE:CSW.A) Senior Officer Ryan Thomas Joseph Smith sold 2,500 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of C$14.87, for a total transaction 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 Stock Up 2.1 %

Shares of TSE CSW.A opened at C$14.45 on Friday. The company has a current ratio of 2.34, a quick ratio of 1.77 and a debt-to-equity ratio of 77.55. Corby Spirit and Wine Ltd has a 12-month low of C$12.12 and a 12-month high of C$15.66. The firm’s 50-day moving average price is C$14.03 and its 200-day moving average price is C$13.14. The stock has a market capitalization of C$350.70 million, a price-to-earnings ratio of 17.20 and a beta of 0.27.

Corby Spirit and Wine Increases Dividend

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