GrainCorp Limited to Issue Interim Dividend of $0.24 (ASX:GNC)

GrainCorp Limited (ASX:GNC) declared a interim dividend on Friday, May 16th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, July 16th will be given a dividend of 0.24 per share on Wednesday, July 16th. This represents a yield of 3.05%. The ex-dividend date of this dividend is Tuesday, July 1st.

GrainCorp Stock Performance

The company has a quick ratio of 0.58, a current ratio of 1.80 and a debt-to-equity ratio of 62.55. The company has a market capitalization of $1.55 billion, a P/E ratio of 15.94, a P/E/G ratio of -0.90 and a beta of 1.00.

Insider Transactions at GrainCorp

In other news, insider Robert Spurway sold 10,000 shares of GrainCorp stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of A$7.01 ($4.49), for a total transaction of A$70,050.00 ($44,903.85). In the last three months, insiders acquired 7,467 shares of company stock worth $51,281. 7.47% of the stock is owned by company insiders.

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.