Incitec Pivot Limited (ASX:IPL – Get 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 stock was purchased 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 quick ratio of 0.84 and a current ratio of 1.85.
Incitec Pivot Increases Dividend
The business also recently announced 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. This is an increase from Incitec Pivot’s previous Final dividend of $0.05. The ex-dividend date is Monday, December 2nd. This represents a dividend yield of 2.09%. Incitec Pivot’s payout ratio is presently -128.57%.
About Incitec Pivot
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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