Douglas (Doug) Jones Sells 100,000 Shares of Metcash (ASX:MTS) Stock

Metcash Limited (ASX:MTS) insider Douglas (Doug) Jones sold 100,000 shares of the business’s stock in a transaction dated Monday, January 19th. The stock was sold at an average price of A$3.32, for a total transaction of A$332,300.00.

Metcash Price Performance

The company has a current ratio of 1.13, a quick ratio of 0.72 and a debt-to-equity ratio of 93.04. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 12.52, a P/E/G ratio of -4.51 and a beta of -0.10.

Metcash Dividend Announcement

The company also recently declared a Interim dividend, which will be paid on Tuesday, January 27th. Investors of record on Tuesday, January 27th will be issued a $0.085 dividend. The ex-dividend date is Thursday, December 11th. This represents a yield of 251.0%. Metcash’s dividend payout ratio (DPR) is currently 76.92%.

About Metcash

Metcash Limited operates as a wholesale distribution and marketing company in Australia. 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. The Hardware segment distributes hardware products to independent retail outlets; and operates company owned retail stores. It sells its products under the IGA, Foodland, Mitre 10, Home Hardware, Total Tools, Cellarbrations, IGA Liquor, and the Bottle-O brand names.