GrainCorp Limited (ASX:GNC – Get Free Report) insider Robert Spurway sold 65,528 shares of the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of A$7.73 ($4.89), for a total transaction of A$506,531.44 ($320,589.52).
GrainCorp Price Performance
The company has a debt-to-equity ratio of 96.29, a quick ratio of 0.58 and a current ratio of 1.56.
GrainCorp Cuts Dividend
The company also recently announced a Final dividend, which was paid on Wednesday, December 11th. Stockholders of record on Wednesday, December 11th were given a $0.24 dividend. The ex-dividend date was Tuesday, November 26th. This represents a dividend yield of 2.94%. GrainCorp’s dividend payout ratio (DPR) is presently 63.64%.
GrainCorp Company Profile
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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