Insider Buying: Vulcan Steel Limited (ASX:VSL) Insider Purchases 2,500 Shares of Stock

Vulcan Steel Limited (ASX:VSL) insider Russell Chenu acquired 2,500 shares of the stock in a transaction dated Friday, November 15th. The stock was bought at an average price of A$7.45 ($4.84) per share, with a total value of A$18,625.00 ($12,094.16).

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

• On Thursday, November 21st, Russell Chenu purchased 950 shares of Vulcan Steel stock. The stock was bought at an average price of A$7.25 ($4.71) per share, with a total value of A$6,886.55 ($4,471.79).

Vulcan Steel Stock Performance

The company has a current ratio of 3.15, a quick ratio of 0.86 and a debt-to-equity ratio of 343.03.

Vulcan Steel Cuts Dividend

The company also recently declared a Final dividend, which was paid on Wednesday, October 9th. Investors of record on Wednesday, October 9th were paid a dividend of $0.118 per share. This represents a yield of 1.61%. The ex-dividend date of this dividend was Wednesday, September 25th. Vulcan Steel’s dividend payout ratio (DPR) is currently 77.78%.

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.