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

Inghams Group Limited (ASX:ING) insider Linda Nicholls acquired 3,588 shares of the stock in a transaction that occurred 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 Price Performance

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

Inghams Group Cuts Dividend

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

Inghams Group Company Profile

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.