Orora Limited (ASX:ORA – Get Free Report) insider Michael Fraser purchased 38,431 shares of Orora stock in a transaction dated Wednesday, September 11th. The stock was bought at an average cost of A$2.63 ($1.78) per share, with a total value of A$101,073.53 ($68,292.93).
Orora Price Performance
The company has a debt-to-equity ratio of 115.60, a quick ratio of 0.55 and a current ratio of 1.59.
Orora Cuts Dividend
The company also recently disclosed a Final dividend, which will be paid on Monday, October 7th. Stockholders of record on Monday, October 7th will be given a $0.05 dividend. This represents a dividend yield of 2.01%. The ex-dividend date is Thursday, August 29th. Orora’s payout ratio is currently 66.67%.
About Orora
Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company operates through Orora Australasia and Orora North America segments. It also provides glass bottles, aluminum cans, tabs, and ends, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, and general packaging materials and supplies.
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