Insider Buying: Inghams Group Limited (ASX:ING) Insider Buys 3,588 Shares of Stock

Inghams Group Limited (ASX:INGGet Free Report) insider Linda Nicholls bought 3,588 shares of the firm’s stock in a transaction on Friday, March 14th. The stock was bought at an average cost of A$3.32 ($2.11) per share, for a total transaction of A$11,894.22 ($7,575.94).

Inghams Group Price Performance

The company has a debt-to-equity ratio of 727.23, a quick ratio of 0.48 and a current ratio of 1.08. The stock has a market cap of $1.18 billion, a P/E ratio of 11.69, a PEG ratio of 1.87 and a beta of 0.33.

Inghams Group Cuts Dividend

The firm also recently declared a Interim dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, April 3rd will be given a dividend of $0.11 per share. The ex-dividend date is Wednesday, March 12th. This represents a dividend yield of 3.18%. Inghams Group’s dividend payout ratio is presently 59.26%.

About Inghams Group

(Get Free Report)

Inghams Group Limited, together with its subsidiaries, produces and sells chicken and turkey products in Australia and New Zealand. The company provides frozen, gluten free, and ready to cook chicken and turkey products under the Ingham's brand name. It also offers stock feeds for poultry and pig industries.

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