Vulcan Steel (ASX:VSL) Insider Adrian Casey Acquires 16,814 Shares

Vulcan Steel Limited (ASX:VSL) insider Adrian Casey bought 16,814 shares of Vulcan Steel stock in a transaction dated Thursday, September 25th. The stock was purchased at an average price of A$7.22 per share, with a total value of A$121,397.08.

Vulcan Steel Price Performance

The company has a market cap of $1.11 billion, a P/E ratio of 28.92, a PEG ratio of 0.47 and a beta of 1.06. The company has a quick ratio of 0.86, a current ratio of 3.15 and a debt-to-equity ratio of 343.03.

Vulcan Steel Cuts Dividend

The business also recently declared a Final dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 21st will be paid a dividend of $0.032 per share. The ex-dividend date is Tuesday, October 7th. This represents a yield of 48.0%. Vulcan Steel’s payout ratio is 77.78%.

About Vulcan Steel

Vulcan Steel Limited, together with its subsidiaries, engages in the sale and distribution of steel and metal products in New Zealand and Australia. The company operates through Steel and Metals segments. It sells hollows; merchant products, including bars, beams, angles, channels, and unprocessed coils and plates; stainless steel products, such as hollows, bars, fittings, and sheets; and high-performance steel and metal products.