Metcash (ASX:MTS) Insider Sells A$332,300.00 in Stock

Metcash Limited (ASX:MTS) insider Douglas (Doug) Jones sold 100,000 shares of the company’s stock in a transaction dated Monday, January 19th. The shares were sold at an average price of A$3.32, for a total transaction of A$332,300.00.

Metcash Stock Performance

The company has a current ratio of 1.13, a quick ratio of 0.72 and a debt-to-equity ratio of 93.04. The firm has a market capitalization of $3.43 billion, a P/E ratio of 12.52, a PEG ratio of -4.51 and a beta of -0.10.

Metcash Dividend Announcement

The company also recently announced a Interim dividend, which will be paid on Tuesday, January 27th. Shareholders of record on Tuesday, January 27th will be paid a $0.085 dividend. This represents a yield of 251.0%. The ex-dividend date of this dividend is Thursday, December 11th. Metcash’s payout ratio is presently 76.92%.

Metcash Company Profile

Metcash Limited operates as a wholesale distribution and marketing company in Australia. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Liquor segment engages in the distribution of liquor products to independent retail outlets and hotels. The Hardware segment distributes hardware products to independent retail outlets; and operates company owned retail stores. It sells its products under the IGA, Foodland, Mitre 10, Home Hardware, Total Tools, Cellarbrations, IGA Liquor, and the Bottle-O brand names.