Inghams Group Limited (ASX:ING) Plans Dividend Increase – $0.08 Per Share

Inghams Group Limited (ASX:ING) declared a final dividend on Wednesday, September 18th, MarketIndexAU reports. Shareholders of record on Tuesday, October 8th will be given a dividend of 0.08 per share on Tuesday, October 8th. This represents a yield of 2.68%. The ex-dividend date is Thursday, September 19th. This is a positive change from Inghams Group’s previous final dividend of $0.005.

Inghams Group Price Performance

The company has a debt-to-equity ratio of 785.75, a current ratio of 1.08 and a quick ratio of 0.48.

Insider Buying and Selling at Inghams Group

In other news, insider Helen Nash bought 20,877 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was bought at an average price of A$3.11 ($2.10) per share, with a total value of A$64,927.47 ($43,869.91). In other Inghams Group news, insider Linda Nicholls purchased 11,332 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were purchased at an average cost of A$3.07 ($2.07) per share, with a total value of A$34,789.24 ($23,506.24). Also, insider Helen Nash bought 20,877 shares of the stock in a transaction dated Tuesday, August 27th. The shares were purchased at an average cost of A$3.11 ($2.10) per share, for a total transaction of A$64,927.47 ($43,869.91). Insiders own 1.70% of the company’s stock.

Inghams Group Company Profile

Inghams Group Limited, together with its subsidiaries, produces and sells chicken and turkey products in Australia and New Zealand. The company provides frozen, gluten free, and ready to cook chicken and turkey products under the Ingham's brand name. It also offers stock feeds for poultry and pig industries.