Vulcan Steel Limited (ASX:VSL) Insider Acquires A$28,120.83 in Stock

Vulcan Steel Limited (ASX:VSL) insider Russell Chenu acquired 3,949 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were bought at an average price of A$7.12 ($4.68) per share, for a total transaction of A$28,120.83 ($18,500.55).

Russell Chenu also recently made the following trade(s):

• On Thursday, November 16th, Russell Chenu bought 8 shares of Vulcan Steel stock. The stock was purchased at an average price of A$7.00 ($4.61) per share, for a total transaction of A$56.00 ($36.84).

Vulcan Steel Stock Performance

The company has a debt-to-equity ratio of 349.47, a current ratio of 3.31 and a quick ratio of 0.86.

Vulcan Steel Cuts Dividend

The firm also recently declared a Final dividend, which was paid on Wednesday, October 11th. Investors of record on Wednesday, October 11th were issued a $0.259 dividend. The ex-dividend date was Tuesday, September 26th. This represents a yield of 3.38%. Vulcan Steel’s payout ratio is 79.03%.

Vulcan Steel Company Profile

Vulcan Steel Limited, together with its subsidiaries, engages in the sale and distribution of steel and metal products in New Zealand and Australia. The company operates through Steel and Metals segments. It sells hollows; merchant products, including bars, beams, angles, channels, and unprocessed coils and plates; stainless steel products, such as hollows, bars, fittings, and sheets; and high-performance steel and metal products.