Iluka Resources Limited (ASX:ILU) Plans Final Dividend of $0.04

Iluka Resources Limited (ASX:ILU) declared a final dividend on Thursday, February 20th, MarketIndexAU Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.04 per share on Thursday, March 27th. This represents a yield of 0.84%. The ex-dividend date is Monday, March 3rd.

Iluka Resources Price Performance

The company has a debt-to-equity ratio of 7.37, a current ratio of 4.90 and a quick ratio of 1.46. The firm has a market capitalization of $2.02 billion, a P/E ratio of 7.49, a P/E/G ratio of -13.22 and a beta of 1.04.

Insiders Place Their Bets

In other news, insider Andrea Sutton bought 10,000 shares of Iluka Resources stock in a transaction dated Wednesday, December 11th. The shares were acquired at an average price of A$4.89 ($3.04) per share, with a total value of A$48,900.00 ($30,372.67). Also, insider Thomas (Tom) O’Leary sold 1,219,369 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of A$4.50 ($2.80), for a total transaction of A$5,487,160.50 ($3,408,174.22). Insiders bought a total of 26,760 shares of company stock worth $132,920 over the last three months. 2.96% of the stock is currently owned by company insiders.

Iluka Resources Company Profile

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.