New Hope Co. Limited (ASX:NHC) Insider Thomas Millner Acquires 2,500 Shares

New Hope Co. Limited (ASX:NHC) insider Thomas Millner bought 2,500 shares of the business’s stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average cost of A$4.03 ($2.53) per share, with a total value of A$10,070.00 ($6,333.33).

New Hope Stock Performance

The company has a current ratio of 2.05, a quick ratio of 2.43 and a debt-to-equity ratio of 14.66. The firm has a market capitalization of $3.79 billion, a P/E ratio of 7.96, a PEG ratio of 0.16 and a beta of 0.20.

New Hope Increases Dividend

The company also recently announced a Interim dividend, which will be paid on Tuesday, April 8th. Investors of record on Tuesday, April 8th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Sunday, March 23rd. This represents a yield of 4.52%. This is a positive change from New Hope’s previous Interim dividend of $0.17. New Hope’s dividend payout ratio (DPR) is 78.57%.

About New Hope

New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales.