Vulcan Steel Limited (ASX:VSL) Insider Russell Chenu Purchases 2,500 Shares

Vulcan Steel Limited (ASX:VSL) insider Russell Chenu acquired 2,500 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were bought at an average cost of A$7.45 ($4.84) per share, for a total transaction of A$18,625.00 ($12,094.16).

Russell Chenu also recently made the following trade(s):

• On Thursday, November 21st, Russell Chenu bought 950 shares of Vulcan Steel stock. The stock was acquired at an average cost of A$7.25 ($4.71) per share, for a total transaction of A$6,886.55 ($4,471.79).

Vulcan Steel Stock Performance

The company has a current ratio of 3.15, a quick ratio of 0.86 and a debt-to-equity ratio of 343.03.

Vulcan Steel Cuts Dividend

The firm also recently announced a Final dividend, which was paid on Wednesday, October 9th. Stockholders of record on Wednesday, October 9th were issued a $0.118 dividend. This represents a dividend yield of 1.61%. The ex-dividend date was Wednesday, September 25th. Vulcan Steel’s payout ratio is currently 77.78%.

About Vulcan Steel

Vulcan Steel Limited, together with its subsidiaries, engages in the sale and distribution of steel and metal products in New Zealand and Australia. The company operates through Steel and Metals segments. It sells hollows; merchant products, including bars, beams, angles, channels, and unprocessed coils and plates; stainless steel products, such as hollows, bars, fittings, and sheets; and high-performance steel and metal products.