GrainCorp Limited (ASX:GNC) Insider Acquires A$49,685.40 in Stock

GrainCorp Limited (ASX:GNCGet Free Report) insider John Maher bought 6,134 shares of GrainCorp stock in a transaction dated Wednesday, November 20th. The stock was 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 Stock 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 company also recently announced a Final dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Wednesday, December 11th will be issued 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 dividend payout ratio (DPR) is 63.64%.

GrainCorp Company Profile

(Get Free Report)

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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