Stephen Pearce Purchases 30,000 Shares of South32 Limited (ASX:S32) Stock

South32 Limited (ASX:S32) insider Stephen Pearce purchased 30,000 shares of South32 stock in a transaction that occurred on Friday, February 14th. The shares were bought at an average cost of A$3.60 ($2.29) per share, for a total transaction of A$108,000.00 ($68,789.81).

South32 Stock Performance

The stock has a market capitalization of $10.12 billion, a P/E ratio of 191.42, a P/E/G ratio of 18.51 and a beta of 0.91. The company has a quick ratio of 1.69, a current ratio of 2.39 and a debt-to-equity ratio of 17.48.

South32 Cuts Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, April 2nd will be given a dividend of $0.054 per share. This represents a yield of 1.48%. The ex-dividend date is Wednesday, March 5th. South32’s dividend payout ratio (DPR) is presently -23.81%.

About South32

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.