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

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

Inghams Group Stock Performance

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

Inghams Group Cuts Dividend

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

Inghams Group Company Profile

(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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