Insider Buying: Incitec Pivot Limited (ASX:IPL) Insider Buys 67,000 Shares of Stock

Incitec Pivot Limited (ASX:IPLGet Free Report) insider Gregory Robinson acquired 67,000 shares of the company’s stock in a transaction on Wednesday, November 13th. The shares were purchased at an average cost of A$2.99 ($1.93) per share, with a total value of A$200,129.00 ($129,115.48).

Incitec Pivot Stock Performance

The company has a current ratio of 1.85, a quick ratio of 0.84 and a debt-to-equity ratio of 36.97.

Incitec Pivot Increases Dividend

The business also recently declared a Final dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 17th will be paid a $0.063 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This is a boost from Incitec Pivot’s previous Final dividend of $0.05. This represents a dividend yield of 2.09%. Incitec Pivot’s dividend payout ratio is -128.57%.

Incitec Pivot Company Profile

(Get Free Report)

Incitec Pivot Limited, together with its subsidiaries, manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, the Asia Pacific, Turkey, France, and internationally. It offers ammonium nitrate, nitrogen-based fertilizer, ammonia, di/mono-ammonium phosphate, and single super phosphate.

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