Vulcan Steel Limited (ASX:VSL) Insider Adrian Casey Sells 62,297 Shares

Vulcan Steel Limited (ASX:VSL) insider Adrian Casey sold 62,297 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of A$8.06 ($5.10), for a total transaction of A$502,113.82 ($317,793.56).

Vulcan Steel Stock Performance

The company has a market cap of $1.11 billion, a PE ratio of 28.92, a price-to-earnings-growth ratio of 0.47 and a beta of 1.06. The company has a debt-to-equity ratio of 343.03, a quick ratio of 0.86 and a current ratio of 3.15.

Vulcan Steel Cuts Dividend

The company also recently declared a Interim dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 26th will be given a dividend of $0.02 per share. This represents a yield of 0.26%. The ex-dividend date of this dividend is Wednesday, March 12th. Vulcan Steel’s dividend payout ratio (DPR) is presently 77.78%.

About Vulcan Steel

Vulcan Steel Limited, together with its subsidiaries, engages in the sale and distribution of steel and metal products in New Zealand and Australia. The company operates through Steel and Metals segments. It sells hollows; merchant products, including bars, beams, angles, channels, and unprocessed coils and plates; stainless steel products, such as hollows, bars, fittings, and sheets; and high-performance steel and metal products.