GrainCorp Limited (ASX:GNC – Get Free Report) insider John Maher purchased 6,134 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The shares were purchased at an average cost of A$8.10 ($5.26) per share, for a total transaction of A$49,685.40 ($32,263.25).
GrainCorp Price Performance
The company has a debt-to-equity ratio of 96.29, a quick ratio of 0.58 and a current ratio of 1.56.
GrainCorp Cuts Dividend
The firm also recently declared a Final dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Wednesday, December 11th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a dividend yield of 2.94%. GrainCorp’s payout ratio is 63.64%.
About GrainCorp
GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, animal fats, and used cooking oils and vegetable oils for animal feed purposes; handles, processes, and stores grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils.
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