Inghams Group Limited (ASX:ING) Plans Dividend Increase – $0.08 Per Share

Inghams Group Limited (ASX:ING) declared a final dividend on Wednesday, September 18th, MarketIndexAU reports. Investors of record on Tuesday, October 8th will be given a dividend of 0.08 per share on Tuesday, October 8th. This represents a yield of 2.68%. The ex-dividend date is Thursday, September 19th. This is a boost from Inghams Group’s previous final dividend of $0.005.

Inghams Group Stock Performance

The company has a debt-to-equity ratio of 785.75, a quick ratio of 0.48 and a current ratio of 1.08.

Insider Buying and Selling at Inghams Group

In other news, insider Linda Nicholls acquired 11,332 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The stock was bought at an average price of A$3.07 ($2.07) per share, with a total value of A$34,789.24 ($23,506.24). In other news, insider Linda Nicholls bought 11,332 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were bought at an average cost of A$3.07 ($2.07) per share, for a total transaction of A$34,789.24 ($23,506.24). Also, insider Helen Nash bought 20,877 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The stock was purchased at an average price of A$3.11 ($2.10) per share, for a total transaction of A$64,927.47 ($43,869.91). 1.70% of the stock is owned by company insiders.

Inghams Group Company Profile

Inghams Group Limited, together with its subsidiaries, produces and sells chicken and turkey products in Australia and New Zealand. The company provides frozen, gluten free, and ready to cook chicken and turkey products under the Ingham's brand name. It also offers stock feeds for poultry and pig industries.