Insider Selling: Accent Group Limited (ASX:AX1) Insider Sells 690,653 Shares of Stock

Accent Group Limited (ASX:AX1) insider Daniel Agostinelli sold 690,653 shares of the stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of A$2.26 ($1.54), for a total value of A$1,557,422.52 ($1,066,727.75).

Daniel Agostinelli also recently made the following trade(s):

• On Monday, September 2nd, Daniel Agostinelli acquired 795,031 shares of Accent Group stock. The shares were purchased at an average cost of A$2.22 ($1.52) per share, for a total transaction of A$1,764,968.82 ($1,208,882.75).

Accent Group Stock Performance

The company has a debt-to-equity ratio of 129.46, a current ratio of 1.04 and a quick ratio of 0.36.

Accent Group Increases Dividend

The company also recently disclosed a Final dividend, which will be paid on Wednesday, September 25th. Investors of record on Wednesday, September 25th will be issued a dividend of $0.045 per share. This is an increase from Accent Group’s previous Final dividend of $0.04. The ex-dividend date is Tuesday, September 10th. This represents a dividend yield of 1.96%. Accent Group’s dividend payout ratio (DPR) is 118.18%.

About Accent Group

Accent Group Limited engages in the retail, distribution, and franchise of lifestyle footwear, and apparel and accessories in Australia and New Zealand. The company's brands and banners include The Athlete's Foot, Platypus Shoes, Hype DC, Skechers, Merrell, CAT, Vans, Dr. Martens, Saucony, Timberland, Hoka, Superga, Kappa, Palladium, Supra, Subtype, The Trybe, Stylerunner, Autry, Glue Store, and UCG.