Reliance Worldwide (ASX:RWC) Insider Brad Soller Purchases 9,000 Shares

Reliance Worldwide Co. Limited (ASX:RWC) insider Brad Soller purchased 9,000 shares of Reliance Worldwide stock in a transaction that occurred on Wednesday, February 18th. The stock was purchased at an average price of A$3.31 per share, with a total value of A$29,790.00.

Reliance Worldwide Stock Performance

The company has a debt-to-equity ratio of 44.35, a quick ratio of 1.51 and a current ratio of 2.77. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of 27.48, a P/E/G ratio of 1.42 and a beta of 1.05.

Reliance Worldwide Dividend Announcement

The firm also recently declared a Interim dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, April 1st will be given a dividend of $0.028 per share. This represents a yield of 83.0%. The ex-dividend date of this dividend is Sunday, March 1st. Reliance Worldwide’s payout ratio is presently 33.33%.

About Reliance Worldwide

Reliance Worldwide Corporation Limited, together with its subsidiaries, engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for plumbing and heating industries. It offers plumbing solutions comprising brass and plastic push-to-connect plumbing fittings, other fittings, pipes, valves, and integrated installation solutions; appliance installations solutions, such as fluid tech and appliance installation and repair services; and other products.