Insider Buying: Inghams Group Ltd (ING) Insider Buys A$59,932.84 in Stock

Inghams Group Ltd (ASX:ING) insider Helen Nash bought 14,003 shares of Inghams Group stock in a transaction on Friday, March 8th. The shares were bought at an average price of A$4.28 ($3.04) per share, for a total transaction of A$59,932.84 ($42,505.56).

ING remained flat at $A$4.24 ($3.01) during midday trading on Friday. The company’s stock had a trading volume of 1,811,668 shares. The company has a debt-to-equity ratio of 214.58, a quick ratio of 0.86 and a current ratio of 1.48. Inghams Group Ltd has a 12-month low of A$3.36 ($2.38) and a 12-month high of A$4.86 ($3.45). The company has a market capitalization of $1.61 billion and a PE ratio of 12.08.

The business also recently announced a Interim dividend, which will be paid on Tuesday, April 9th. Shareholders of record on Tuesday, April 9th will be issued a dividend of $0.09 per share. This represents a yield of 2.21%. The ex-dividend date of this dividend is Wednesday, March 13th. Inghams Group’s dividend payout ratio (DPR) is currently 51.28%.

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Inghams Group Company Profile

Inghams Group Limited, together with its subsidiaries, produces and sells poultry products in Australia and New Zealand. It offers chicken and turkey products; and stock feed for poultry, pig, dairy, and equine industries. The company was founded in 1918 and is based in North Ryde, Australia.

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