Richard Davis Sells 50,000 Shares of InvoCare Limited (IVC) Stock

InvoCare Limited (ASX:IVC) insider Richard Davis sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of A$13.80 ($9.79), for a total value of A$690,000.00 ($489,361.70).

ASX IVC opened at A$13.99 ($9.92) on Friday. The company has a market capitalization of $1.58 billion and a price-to-earnings ratio of 37.51. The company has a current ratio of 1.02, a quick ratio of 0.25 and a debt-to-equity ratio of 234.73. InvoCare Limited has a 52 week low of A$10.10 ($7.16) and a 52 week high of A$15.03 ($10.66).

The company also recently announced a Final dividend, which will be paid on Friday, April 12th. Shareholders of record on Friday, April 12th will be paid a $0.195 dividend. This represents a yield of 1.4%. The ex-dividend date of this dividend is Monday, March 4th. InvoCare’s payout ratio is 104.56%.

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InvoCare Company Profile

InvoCare Limited provides funeral, cemetery, crematoria, and related services in Australia, New Zealand, and Singapore. The company operates 250 funeral homes, and 16 cemeteries and crematoria under various brands. It also offers HeavenAddress, an online memorial community; LifeArt coffins; and Guardian Plan, a prepaid funeral plan, which enables prepay selected funeral services.

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