Insider Buying: Ampol Limited (ASX:ALD) Insider Buys 3,000 Shares of Stock

Ampol Limited (ASX:ALDGet Free Report) insider Michael (Mike) Ihlein bought 3,000 shares of the business’s stock in a transaction on Monday, October 21st. The shares were purchased at an average cost of A$28.46 ($18.97) per share, with a total value of A$85,374.00 ($56,916.00).

Ampol Price Performance

The company has a debt-to-equity ratio of 100.08, a current ratio of 1.13 and a quick ratio of 0.46.

Ampol Cuts Dividend

The company also recently announced a Interim dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 25th were given a dividend of $0.60 per share. This represents a yield of 2%. The ex-dividend date of this dividend was Thursday, August 29th. Ampol’s dividend payout ratio (DPR) is presently 62.28%.

About Ampol

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Ampol Limited purchases, refines, distributes, and markets petroleum products in Australia, New Zealand, Singapore, and the United States. The company operates through Convenience Retail, Z Energy, and Fuels and Infrastructure segments. The Convenience Retail segment sells fuels through Ampol's network of stores.

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