Inghams Group Limited (ASX:ING) Insider Andrew Reeves Purchases 158,373 Shares

Posted by Alanna Baker on Sep 25th, 2024

Inghams Group Limited (ASX:ING – Get Free Report) insider Andrew Reeves bought 158,373 shares of the business’s stock in a transaction on Monday, September 16th. The shares were acquired at an average price of A$1.00 ($0.68) per share, with a total value of A$158,373.00 ($108,474.66).

Inghams Group Price Performance

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

Inghams Group Increases Dividend

The company also recently declared a Final dividend, which will be paid on Tuesday, October 8th. Stockholders of record on Tuesday, October 8th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, September 19th. This is an increase from Inghams Group’s previous Final dividend of $0.01. This represents a dividend yield of 2.68%. Inghams Group’s payout ratio is 59.26%.

Inghams Group Company Profile

(Get Free Report)

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.