Inghams Group Limited (ASX:ING – Get Free Report) insider Linda Nicholls purchased 3,588 shares of the stock in a transaction on Friday, March 14th. The shares were purchased at an average price of A$3.32 ($2.11) per share, for a total transaction of A$11,894.22 ($7,575.94).
Inghams Group Stock Performance
The company has a quick ratio of 0.48, a current ratio of 1.08 and a debt-to-equity ratio of 727.23. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 11.69, a PEG ratio of 1.87 and a beta of 0.33.
Inghams Group Cuts Dividend
The company also recently declared a Interim dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, April 3rd will be given a dividend of $0.11 per share. The ex-dividend date is Wednesday, March 12th. This represents a yield of 3.18%. Inghams Group’s payout ratio is 59.26%.
About Inghams Group
Inghams Group Limited, together with its subsidiaries, produces and sells chicken and turkey products in Australia and New Zealand. The company provides frozen, gluten free, and ready to cook chicken and turkey products under the Ingham's brand name. It also offers stock feeds for poultry and pig industries.
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