Bega Cheese Limited (ASX:BGA – Get Free Report) insider Richard Cross sold 35,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of A$5.11 ($3.41), for a total value of A$178,850.00 ($119,233.33).
Bega Cheese Price Performance
The company has a current ratio of 1.16, a quick ratio of 0.56 and a debt-to-equity ratio of 41.28.
Bega Cheese Increases Dividend
The company also recently declared a Final dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Wednesday, October 2nd will be issued a $0.04 dividend. The ex-dividend date is Monday, September 2nd. This represents a yield of 0.78%. This is a positive change from Bega Cheese’s previous Final dividend of $0.03. Bega Cheese’s dividend payout ratio is presently 80.00%.
About Bega Cheese
Bega Cheese Limited receives, processes, manufactures, and distributes dairy and other food-related products in Australia. The company operates in two segments, Branded and Bulk. The Branded segment manufactures value added consumer products for owned and externally owned brands. The Bulk segment manufactures bulk dairy ingredients, nutritional, and bio nutrient products.
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