The a2 Milk Company Limited (ASX:A2M – Get Free Report) insider David Bortolussi sold 394,930 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of A$11.43, for a total transaction of A$4,514,049.90.
a2 Milk Stock Performance
The stock has a market capitalization of $4.68 billion, a price-to-earnings ratio of 28.07, a PEG ratio of 8.92 and a beta of 0.10. The company has a debt-to-equity ratio of 5.23, a current ratio of 3.09 and a quick ratio of 2.22.
a2 Milk Announces Dividend
The firm also recently announced a Interim dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, April 1st will be issued a dividend of $0.083 per share. The ex-dividend date is Wednesday, March 18th. This represents a yield of 86.0%.
a2 Milk Company Profile
The a2 Milk Company Limited, together with its subsidiaries, sells A2 protein type branded milk and related products in Australia, New Zealand, China, other Asian countries, and the United States. The company also engages in the manufacturing and sale of nutritional and commodity products. It offers its products under the a2 Milk and a2 Platinum brands. The company was formerly known as A2 Corporation Limited and changed its name to The a2 Milk Company Limited in April 2014. The a2 Milk Company Limited was incorporated in 2000 and is based in Auckland, New Zealand.
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