Insider Buying: Incitec Pivot Limited (ASX:IPL) Insider Acquires 2,638,982 Shares of Stock

Incitec Pivot Limited (ASX:IPLGet Free Report) insider John Ho bought 2,638,982 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The shares were acquired at an average cost of A$3.12 ($1.99) per share, with a total value of A$8,233,623.84 ($5,244,346.39).

Incitec Pivot Stock Performance

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

Incitec Pivot Increases Dividend

The business also recently declared a Final dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 17th will be paid a $0.063 dividend. This is an increase from Incitec Pivot’s previous Final dividend of $0.05. This represents a yield of 2.09%. The ex-dividend date is Monday, December 2nd. Incitec Pivot’s payout ratio is -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.

See Also

Receive News & Ratings for Incitec Pivot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Incitec Pivot and related companies with MarketBeat.com's FREE daily email newsletter.