GrainCorp (ASX:GNC) Insider Robert Spurway Sells 149,706 Shares

GrainCorp Limited (ASX:GNC) insider Robert Spurway sold 149,706 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of A$8.53, for a total value of A$1,276,992.18.

GrainCorp Price Performance

The company has a debt-to-equity ratio of 62.55, a current ratio of 1.80 and a quick ratio of 0.58. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of 15.94, a price-to-earnings-growth ratio of -0.90 and a beta of 1.00.

GrainCorp Dividend Announcement

The business also recently disclosed a Final dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, December 10th will be given a $0.24 dividend. This represents a dividend yield of 300.0%. The ex-dividend date of this dividend is Tuesday, November 25th. 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.