Mark Johnson Purchases 15,000 Shares of Metcash Limited (ASX:MTS) Stock

Metcash Limited (ASX:MTSGet Rating) insider Mark Johnson bought 15,000 shares of the firm’s stock in a transaction dated Monday, September 12th. The stock was purchased at an average price of A$4.14 ($2.90) per share, with a total value of A$62,100.00 ($43,426.57).

Metcash Stock Performance

The company has a debt-to-equity ratio of 121.45, a quick ratio of 0.70 and a current ratio of 1.12.

Metcash Increases Dividend

The business also recently disclosed a Final dividend, which was paid on Tuesday, August 9th. Investors of record on Tuesday, August 9th were given a dividend of $0.11 per share. The ex-dividend date was Monday, July 11th. This represents a yield of 2.6%. This is a positive change from Metcash’s previous Final dividend of $0.10. Metcash’s payout ratio is currently 88.00%.

About Metcash

(Get Rating)

Metcash Limited operates as a wholesale distribution and marketing company in Australia and New Zealand. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Liquor segment engages in the distribution of liquor products to independent retail outlets and hotels.

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