Inghams Group Limited (ASX:ING) Raises Dividend to $0.08 Per Share

Inghams Group Limited (ASX:ING) announced a final dividend on Wednesday, September 18th, MarketIndexAU reports. Stockholders of record on Tuesday, October 8th will be paid a dividend of 0.08 per share on Tuesday, October 8th. This represents a dividend yield of 2.68%. The ex-dividend date of this dividend is Thursday, September 19th. This is a positive change from Inghams Group’s previous final dividend of $0.005.

Inghams Group Price Performance

The company has a quick ratio of 0.48, a current ratio of 1.08 and a debt-to-equity ratio of 785.75.

Insider Transactions at Inghams Group

In related news, insider Linda Nicholls bought 11,332 shares of the firm’s stock in a transaction on Thursday, September 12th. The shares were bought at an average cost of A$3.07 ($2.07) per share, for a total transaction of A$34,789.24 ($23,506.24). In other news, insider Helen Nash bought 20,877 shares of the stock in a transaction on Tuesday, August 27th. The shares were bought at an average price of A$3.11 ($2.10) per share, with a total value of A$64,927.47 ($43,869.91). Also, insider Linda Nicholls purchased 11,332 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was purchased at an average price of A$3.07 ($2.07) per share, with a total value of A$34,789.24 ($23,506.24). Company insiders own 1.70% of the company’s stock.

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.