Orica Limited (ASX:ORI – Get Free Report) insider Sanjeev Gandhi acquired 224,719 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were acquired at an average cost of A$18.00 ($11.69) per share, for a total transaction of A$4,044,942.00 ($2,626,585.71).
Orica Stock Performance
The company has a current ratio of 1.69, a quick ratio of 0.92 and a debt-to-equity ratio of 50.04.
Orica Increases Dividend
The firm also recently announced a Final dividend, which will be paid on Sunday, December 22nd. Investors of record on Sunday, December 22nd will be paid a dividend of $0.28 per share. This represents a yield of 1.55%. This is a boost 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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