Linda Nicholls Purchases 11,332 Shares of Inghams Group Limited (ASX:ING) Stock

Inghams Group Limited (ASX:ING) insider Linda Nicholls purchased 11,332 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were acquired at an average cost of A$3.07 ($2.07) per share, with a total value of A$34,789.24 ($23,506.24).

Inghams Group Stock Performance

The company has a debt-to-equity ratio of 785.75, a quick ratio of 0.48 and a current ratio of 1.08.

Inghams Group Increases Dividend

The business also recently declared a Final dividend, which will be paid on Tuesday, October 8th. Shareholders of record on Tuesday, October 8th will be issued a $0.08 dividend. This represents a yield of 2.68%. The ex-dividend date is Thursday, September 19th. This is a boost from Inghams Group’s previous Final dividend of $0.01. Inghams Group’s dividend payout ratio is currently 59.26%.

About Inghams Group

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.