GrainCorp Limited (ASX:GNC) Insider Purchases A$49,685.40 in Stock

GrainCorp Limited (ASX:GNCGet Free Report) insider John Maher acquired 6,134 shares of GrainCorp stock in a transaction dated Wednesday, November 20th. The stock was purchased at an average cost of A$8.10 ($5.26) per share, for a total transaction of A$49,685.40 ($32,263.25).

GrainCorp Price Performance

The company has a quick ratio of 0.58, a current ratio of 1.56 and a debt-to-equity ratio of 96.29.

GrainCorp Cuts Dividend

The firm also recently disclosed a Final dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Wednesday, December 11th will be given a $0.24 dividend. The ex-dividend date is Tuesday, November 26th. This represents a yield of 2.94%. GrainCorp’s dividend payout ratio is currently 63.64%.

About GrainCorp

(Get Free Report)

GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, animal fats, and used cooking oils and vegetable oils for animal feed purposes; handles, processes, and stores grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils.

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