GrainCorp Limited (ASX:GNC – Get Free Report) insider John Maher purchased 6,134 shares of GrainCorp stock in a transaction that occurred on Wednesday, November 20th. The shares were bought at an average cost of A$8.10 ($5.26) per share, for a total transaction of A$49,685.40 ($32,263.25).
GrainCorp Price Performance
The company has a debt-to-equity ratio of 96.29, a current ratio of 1.56 and a quick ratio of 0.58.
GrainCorp Cuts Dividend
The firm also recently announced a Final dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Wednesday, December 11th will be given a $0.24 dividend. This represents a dividend yield of 2.94%. The ex-dividend date is Tuesday, November 26th. GrainCorp’s payout ratio is 63.64%.
About GrainCorp
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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