Russell Chenu Purchases 2,500 Shares of Vulcan Steel Limited (ASX:VSL) Stock

Vulcan Steel Limited (ASX:VSL) insider Russell Chenu purchased 2,500 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average price of A$7.45 ($4.84) per share, for a total transaction of A$18,625.00 ($12,094.16).

Russell Chenu also recently made the following trade(s):

• On Thursday, November 21st, Russell Chenu acquired 950 shares of Vulcan Steel stock. The stock was acquired at an average cost of A$7.25 ($4.71) per share, for a total transaction of A$6,886.55 ($4,471.79).

Vulcan Steel Stock Performance

The company has a debt-to-equity ratio of 343.03, a quick ratio of 0.86 and a current ratio of 3.15.

Vulcan Steel Cuts Dividend

The business also recently disclosed a Final dividend, which was paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th were paid a dividend of $0.118 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a dividend yield of 1.61%. Vulcan Steel’s payout ratio is currently 77.78%.

Vulcan Steel Company Profile

Vulcan Steel Limited, together with its subsidiaries, engages in the sale and distribution of steel and metal products in New Zealand and Australia. The company operates through Steel and Metals segments. It sells hollows; merchant products, including bars, beams, angles, channels, and unprocessed coils and plates; stainless steel products, such as hollows, bars, fittings, and sheets; and high-performance steel and metal products.