Orora Ltd Plans Final Dividend of $0.07 (ASX:ORA)

Orora Ltd (ASX:ORA) declared a final dividend on Friday, August 16th, MarketIndexAU reports. Shareholders of record on Monday, October 21st will be given a dividend of 0.065 per share on Monday, October 21st. This represents a dividend yield of 2.35%. The ex-dividend date is Monday, September 16th.

Shares of ASX:ORA opened at A$2.87 ($2.04) on Friday. Orora has a 52-week low of A$2.60 ($1.84) and a 52-week high of A$3.47 ($2.46). The stock has a market cap of $3.46 billion and a P/E ratio of 21.58. The business’s 50 day moving average is A$3.18 and its 200 day moving average is A$3.14. The company has a quick ratio of 0.64, a current ratio of 1.25 and a debt-to-equity ratio of 58.40.

In other news, insider Nigel Garrard acquired 119,529 shares of the company’s stock in a transaction that occurred on Monday, September 2nd. The shares were bought at an average price of A$2.77 ($1.96) per share, with a total value of A$331,095.33 ($234,819.38).

Orora Company Profile

Orora Limited manufactures and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company offers glass bottles, aluminum cans, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, recycled paper, rigid and flexible packaging, bags and sacks, general packaging, and general packaging materials and supplies.

Read More: Understanding the Price to Earnings Ratio (PE)

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