Iluka Resources (ASX:ILU) Insider Buys A$274,950.00 in Stock

Iluka Resources Limited (ASX:ILU) insider James Mactier purchased 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was acquired at an average price of A$5.50 per share, for a total transaction of A$274,950.00.

Iluka Resources Price Performance

The stock has a market capitalization of $2.02 billion, a PE ratio of 7.49, a price-to-earnings-growth ratio of -13.22 and a beta of 1.04. The company has a quick ratio of 1.46, a current ratio of 4.90 and a debt-to-equity ratio of 7.37.

Iluka Resources Announces Dividend

The business also recently declared a Final dividend, which will be paid on Sunday, March 29th. Stockholders of record on Sunday, March 29th will be issued a $0.03 dividend. This represents a dividend yield of 53.0%. The ex-dividend date is Wednesday, March 4th. Iluka Resources’s dividend payout ratio (DPR) is currently 12.70%.

About Iluka Resources

Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally. It operates through Jacinth-Ambrosia/Mid-West, Cataby/South West, Rare Earths, and United States/Murray Basin segments. The company produces zircon; titanium dioxide products of rutile and synthetic rutile; and ilmenite, as well as activated carbon, gypsum, and iron concentrate products.