Incitec Pivot Limited (ASX:IPL) Insider Buys A$200,129.00 in Stock

Incitec Pivot Limited (ASX:IPLGet Free Report) insider Gregory Robinson bought 67,000 shares of the stock in a transaction on Wednesday, November 13th. The shares were acquired at an average cost of A$2.99 ($1.97) per share, with a total value of A$200,129.00 ($131,663.82).

Incitec Pivot Stock Performance

The company has a current ratio of 1.85, a quick ratio of 0.84 and a debt-to-equity ratio of 36.97.

Incitec Pivot Increases Dividend

The company also recently disclosed a Final dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 17th will be issued a dividend of $0.063 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a yield of 2.09%. This is a boost from Incitec Pivot’s previous Final dividend of $0.05. Incitec Pivot’s payout ratio is currently -128.57%.

About Incitec Pivot

(Get Free Report)

Incitec Pivot Limited, together with its subsidiaries, manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, the Asia Pacific, Turkey, France, and internationally. It offers ammonium nitrate, nitrogen-based fertilizer, ammonia, di/mono-ammonium phosphate, and single super phosphate.

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