Insider Buying: Redox (ASX:RDX) Insider Purchases 9,055 Shares of Stock

Redox Limited (ASX:RDX) insider Mary Verschuer purchased 9,055 shares of the company’s stock in a transaction dated Wednesday, October 29th. The shares were acquired at an average price of A$2.82 per share, with a total value of A$25,562.27.

Redox Stock Performance

The stock has a market capitalization of $2.27 billion and a price-to-earnings ratio of 25.14.

Redox Announces Dividend

The business also recently disclosed a Final dividend, which was paid on Monday, September 22nd. Stockholders of record on Monday, September 22nd were given a dividend of $0.065 per share. The ex-dividend date was Monday, August 25th. This represents a dividend yield of 245.0%. Redox’s dividend payout ratio (DPR) is 76.47%.

Redox Company Profile

Redox Limited supplies and distributes chemicals, ingredients, and raw materials in Australia, New Zealand, the United States, and internationally. It offers antioxidants, proteins and fibres, leaving agents, acidity regulator, sweeteners, thickeners, stabilisers and gums, vitamins, amino acids, mineral salts, preservatives, phosphates, humectants, essential and vegetable oils, herb and spice extracts, natural colours, emulsifier, dairy products, wine and brewing, cleaning and sanitation, specialities, additives, emollients, emulsifiers, hair care, solvents, sunscreens, surfactants, thickeners, vegetable oils, processing aids and fining, cleaning and sanitation, waxes and fatty acids, and functional products.