Orica Limited (ASX:ORI – Get Free Report) insider Sanjeev Gandhi bought 224,719 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were acquired at an average price of A$18.00 ($11.76) per share, for a total transaction of A$4,044,942.00 ($2,643,752.94).
Orica Stock Performance
The company has a debt-to-equity ratio of 50.04, a current ratio of 1.69 and a quick ratio of 0.92.
Orica Increases Dividend
The company also recently declared a Final dividend, which will be paid on Sunday, December 22nd. Investors of record on Sunday, December 22nd will be issued a dividend of $0.28 per share. This represents a yield of 1.55%. This is an increase from Orica’s previous Final dividend of $0.25. The ex-dividend date of this dividend is Thursday, November 21st. Orica’s dividend payout ratio is presently 34.55%.
About Orica
Orica Limited manufactures, distributes, and sells commercial blasting systems, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, the United States, and internationally. The company provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services and solutions; and supplementary services.
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