Robert Millner Acquires 75,000 Shares of New Hope Co. Limited (ASX:NHC) Stock

New Hope Co. Limited (ASX:NHC) insider Robert Millner bought 75,000 shares of the business’s stock in a transaction on Tuesday, March 25th. The stock was bought at an average price of A$4.08 ($2.57) per share, with a total value of A$306,075.00 ($192,500.00).

New Hope Price Performance

The company has a current ratio of 2.05, a quick ratio of 2.43 and a debt-to-equity ratio of 14.66. The firm has a market capitalization of $3.79 billion, a PE ratio of 7.96, a PEG ratio of 0.16 and a beta of 0.20.

New Hope Increases Dividend

The company also recently announced a Interim dividend, which will be paid on Tuesday, April 8th. Shareholders of record on Tuesday, April 8th will be paid a $0.19 dividend. The ex-dividend date is Sunday, March 23rd. This is a boost from New Hope’s previous Interim dividend of $0.17. This represents a yield of 4.52%. New Hope’s dividend payout ratio is currently 78.57%.

New Hope Company Profile

New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales.