Vulcan Steel Limited Declares Interim Dividend of $0.02 (ASX:VSL)

Vulcan Steel Limited (ASX:VSL) announced a interim dividend on Wednesday, February 12th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, March 26th will be paid a dividend of 0.02 per share on Wednesday, March 26th. This represents a yield of 0.26%. The ex-dividend date of this dividend is Wednesday, March 12th.

Vulcan Steel Price Performance

The company has a quick ratio of 0.86, a current ratio of 3.15 and a debt-to-equity ratio of 343.03. The company has a market capitalization of $1.11 billion, a PE ratio of 28.92, a price-to-earnings-growth ratio of 0.47 and a beta of 1.06.

Insiders Place Their Bets

In other news, insider Adrian Casey sold 62,297 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of A$8.06 ($5.10), for a total transaction of A$502,113.82 ($317,793.56). 52.93% of the stock is currently owned by company insiders.

Vulcan Steel Company Profile

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.