GrainCorp Limited (ASX:GNC) Share Price News | The Motley Fool Australia (2024)

  • Graincorp Ltd (ASX: GNC)
    Latest News

    Share Gainers 3 ASX 200 stocks leading the charge higher in June June 7, 2024 | Bernd Struben These three ASX 200 stocks have smashed the benchmark returns in the first week of June. But how? Read more » Share Gainers Here are the top 10 ASX 200 shares today June 5, 2024 | Sebastian Bowen ASX investors were back to buying this Wednesday. Read more » Share Gainers Why Generation Development, Graincorp, Seek, and Treasury Wine shares are storming higher June 5, 2024 | James Mickleboro These shares are having a strong session on hump day. But why? Read more » Share Gainers Here are the top 10 ASX 200 shares today June 4, 2024 | Sebastian Bowen It was back to reality for ASX investors this Tuesday with a market drop. Read more » Share Gainers Here are the top 10 ASX 200 shares today May 17, 2024 | Sebastian Bowen It was a sobering end to the week's trading this Friday. Read more » Broker Notes Brokers name 3 ASX shares to buy now May 17, 2024 | James Mickleboro Here's why brokers are feeling bullish about these three shares this week. Read more » Share Market News 5 things to watch on the ASX 200 on Friday May 17, 2024 | James Mickleboro It looks set to be a red finish to the week for Aussie investors. Read more » Share Gainers Why Aristocrat Leisure, Graincorp, Incitec Pivot, and Patriot Battery Metals shares are rising today May 16, 2024 | James Mickleboro These shares are having stronger-than-average sessions on Thursday. But why? Read more » Earnings Results Graincorp share price lifts off as dividend is maintained and debts plunge May 16, 2024 | Bernd Struben ASX 200 investors are bidding up the Graincorp share price today. But why? Read more » Share Fallers Why Graincorp, Lindsay Australia, NAB, and Sims shares are sinking today May 7, 2024 | James Mickleboro These ASX shares are having a tough session on Tuesday. But why? Read more » Share Fallers Why Block, Graincorp, Spark, and Tourism Holdings shares are sinking today May 6, 2024 | James Mickleboro These ASX shares are having a tough time on Monday. But why? Read more » Industrials Shares Guess which ASX 200 stock just dived 8% on a profit downgrade May 6, 2024 | James Mickleboro The second half hasn't started positively for this company. Read more »

    123

    Frequently Asked Questions

    Yes, GrainCorp has historically paid two fully franked shareholder dividends a year.

    GrainCorp generally pays its shareholder dividends in July and December.

    GrainCorp Ltd listed on the ASX on 30 March 1998.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    29 Nov 2023 $0.1600 100.00% Special Cash 14 Dec 2023
    29 Nov 2023 $0.1400 100.00% Final 14 Dec 2023
    05 Jul 2023 $0.1000 100.00% Special Cash 20 Jul 2023
    05 Jul 2023 $0.1400 100.00% Interim 20 Jul 2023
    29 Nov 2022 $0.1600 100.00% Special Cash 14 Dec 2022
    29 Nov 2022 $0.1400 100.00% Final 14 Dec 2022
    06 Jul 2022 $0.1200 100.00% Special Cash 21 Jul 2022
    06 Jul 2022 $0.1200 100.00% Interim 21 Jul 2022
    24 Nov 2021 $0.1000 100.00% Final 09 Dec 2021
    07 Jul 2021 $0.0800 100.00% Interim 22 Jul 2021
    25 Nov 2020 $0.0700 100.00% Final 10 Dec 2020
    28 Nov 2018 $0.0800 100.00% Final 13 Dec 2018
    29 Jun 2018 $0.0800 100.00% Interim 16 Jul 2018
    29 Nov 2017 $0.1500 100.00% Final 14 Dec 2017
    30 Jun 2017 $0.0000 100.00% Interim 17 Jul 2017
    29 Nov 2016 $0.0350 100.00% Final 14 Dec 2016
    30 Jun 2016 $0.0750 100.00% Interim 15 Jul 2016
    27 Nov 2015 $0.0250 100.00% Final 15 Dec 2015
    02 Jul 2014 $0.1500 100.00% Interim 18 Jul 2014
    01 Jul 2013 $0.2000 100.00% Interim 19 Jul 2013
    01 Dec 2010 $0.0500 100.00% Special Cash 21 Dec 2010
    01 Dec 2010 $0.1000 100.00% Final 21 Dec 2010
    15 Jun 2007 $0.1000 100.00% Interim 09 Jul 2007
    25 Sep 2006 $0.3000 100.00% Final 27 Oct 2006
    13 Jun 2006 $0.2000 100.00% Interim 03 Jul 2006
    05 Dec 2005 $0.0500 100.00% Final 20 Dec 2005
    07 Jun 2005 $0.0200 100.00% Interim 01 Jul 2005
    09 Jun 2004 $0.1000 100.00% Special Cash 01 Jul 2004
    09 Jun 2004 $0.1700 100.00% Interim 01 Jul 2004

    GNC ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Graincorp Ltd

    GrainCorp Ltd (ASX: GNC) is an agribusiness and processing company with a history spanning more than 100 years. The company operates the largest grain storage and logistics network in eastern Australia. It also sources grain from Canada, the UK, and Ukraine.

    GrainCorp also provides grain marketing services to all major grain-producing regions in Australia as well as for its overseas growers. GrainCorp has marketers based in China, Singapore, and India and ships products across the globe.

    Over the years, the company has also diversified its interests into pulses and oilseeds and produces edible oils, biofuel components, and animal feeds. Its interests also include developing infant formula products, shipping woodchips, collecting used cooking oil to make biofuel components, and investing in the development of eco-friendly animal feed products made from Australian seaweed.

    GNC Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    14 Jun 2024 $8.74 $-0.05 -0.57% 473,296 $8.83 $8.83 $8.68
    13 Jun 2024 $8.79 $-0.02 -0.23% 730,980 $8.92 $8.95 $8.79
    12 Jun 2024 $8.81 $-0.34 -3.72% 895,544 $9.13 $9.13 $8.81
    11 Jun 2024 $9.15 $-0.12 -1.29% 1,132,623 $9.18 $9.22 $9.04
    07 Jun 2024 $9.27 $-0.03 -0.32% 646,922 $9.32 $9.35 $9.26
    06 Jun 2024 $9.30 $0.07 0.76% 930,408 $9.28 $9.32 $9.19
    05 Jun 2024 $9.23 $0.36 4.06% 1,241,818 $9.01 $9.28 $8.89
    04 Jun 2024 $8.87 $0.41 4.85% 1,446,586 $8.46 $8.87 $8.46
    03 Jun 2024 $8.46 $0.14 1.68% 593,549 $8.44 $8.56 $8.43
    31 May 2024 $8.32 $0.05 0.60% 2,156,507 $8.35 $8.41 $8.31
    30 May 2024 $8.27 $-0.20 -2.36% 1,297,712 $8.45 $8.45 $8.26
    29 May 2024 $8.47 $-0.13 -1.51% 1,339,421 $8.50 $8.55 $8.42
    28 May 2024 $8.60 $-0.04 -0.46% 761,793 $8.67 $8.73 $8.56
    27 May 2024 $8.64 $0.29 3.47% 836,238 $8.50 $8.64 $8.44
    24 May 2024 $8.35 $-0.06 -0.71% 674,950 $8.28 $8.43 $8.27
    23 May 2024 $8.41 $0.10 1.20% 1,067,383 $8.31 $8.50 $8.30
    22 May 2024 $8.31 $-0.13 -1.54% 710,590 $8.55 $8.55 $8.31
    21 May 2024 $8.44 $-0.03 -0.35% 913,826 $8.41 $8.56 $8.36
    20 May 2024 $8.47 $-0.05 -0.59% 1,496,357 $8.71 $8.93 $8.45
    17 May 2024 $8.52 $0.38 4.67% 1,087,071 $8.25 $8.57 $8.19

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    28 Feb 2024 Robert Spurway Issued 271,918 $1,935,321

    Issue of securities.

    20 Feb 2024 John Maher Buy 4,906 $35,867

    On-market trade.

    20 Feb 2024 Peter Knoblanche Buy 4,108 $30,234

    On-market trade.

    16 Feb 2024 Clive Stiff Buy 10,000 $73,800

    On-market trade.

    08 Dec 2023 Robert Spurway Sell 267,707 $1,999,771

    On-market trade.

    20 Nov 2023 Robert Spurway Exercise 342,680 $2,666,050

    Conversion of securities. 3,53,163 rights, As per announcement on 24-11-2023

    20 Nov 2023 Robert Spurway Buy 342,680 $2,666,050

    Conversion of securities.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Peter Ian Richards Non-Executive DirectorNon-Executive Chairman Nov 2015

    Mr Richards is currently Chairman of EMECO Holdings Limited and Chairman of Spenda Limited. He was previously Chairman of Elmore Limited. Mr Richards has over 40 years of business experience with global companies, having worked in operational and business development roles in Australia, the United Kingdom and the United States. Mr Richards is a member of the Risk Committee and the Sustainability Committee.

    Mr John Steven Maher Non-Executive Director Dec 2023

    Mr Maher has experience in strategy, capital allocation, agribusiness growth and innovation, and agriculture supply chains. John is currently the Chair of AWN Food and Fibre Pty Ltd and Director of goFARM Australia Pty Ltd and the NSW Biodiversity Conservation Trust. He is also a director of not-for-profit organisations, Autism Awareness Australia and the Australian Rural Leadership Foundation. Johns previous executive roles include long-term Managing Director & CEO of Ruralco Holdings Ltd (ASX: RHL), Senior Group Executive at Wesfarmers Ltd (ASX: WES) and AWB Ltd (ASX: AWB) where he led the Landmark (now Nutrien Ag Solutions) rural services business. Most recently John was Group CEO of the Indigenous Land and Sea Corporation. He is an advocate for Australian agribusiness, international agricultural trade and regional and remote communities. John will join Safety, Health and Environment Committee and Sustainability Committee.

    Ms Nicki (Nicole) Elizabeth Anderson Non-Executive Director Oct 2021

    Ms Anderson is currently Deputy Chair of the Australian Made Campaign Limited, and Non-executive Director of Collins Foods Limited, Craig Mostyn Group, Prostate Cancer Foundation of Australia, and the Fred Hollows Foundation. Ms Anderson was previously a Non-executive Director of ToysRUs ANZ and Select Harvests Limited, as well as the former Chair of the Monash University Advisory Board for the marketing faculty. Ms Anderson has experience in strategy, sales, marketing, customer experience and innovation within the food, beverage and consumer goods industry in both Australia and internationally, including senior leadership roles with Coca Cola Amatil, Cadbury Schweppes, McCain, Nestle and Kraft. She is member of the Safety, Health and Environment Committee.

    Ms Kathy Grigg Non-Executive Director Dec 2019

    Ms Grigg is currently a Non-executive Director of Agricultural Innovation Australia Limited. Ms Grigg's previous directorships include Director of SPSL Limited, Director of Australian Pork Limited, and Director and Chair of the Audit Committee of Navy Health Limited. Ms Grigg was formerly a member of the Audit Committee of the Australian Competition and Consumer Commission and a Council member and Deputy Chancellor of Deakin University. Ms Grigg has background in finance and operational management, including as Finance Director of the Australian Wool Research and Promotion Corporation and leadership roles in agriculture sector organisations. She is Chair of the Risk Committee and member of the Sustainability Committee.

    Mr Robert Spurway Chief Executive OfficerManaging Director Mar 2020

    Mr Spurway was previously Chief Operating Officer, Global Operations for Fonterra Co-operative Group and prior to this, Mr Spurway held operational roles with Fonterra including General Manager South Island Operations and Acting Director Operations & Logistics. Mr Spurway has leadership and operations experience and has held executive and senior operational roles across Australia and New Zealand. Mr Spurway held CEO positions in Australia between 2008 and 2011, initially as MD & CEO of Mrs Crocket's Kitchen, a salad and vegetable supplier, to prepare the business for sale, and then as CEO of Salad Fresh, a supplier of prepared salads. Prior to this, Mr Spurway held senior operational roles with Mrs Crocket's Kitchen and Goodman Fielder in Queensland, South Australia and the Northern Territory, and Northland Dairy Company in New Zealand.

    Mr Clive Manning Sanders Stiff Non-Executive Director Oct 2021

    Mr Stiff is currently a Non-executive Director of Cleanaway Waste Management Limited, a member of the Quantium Advisory Board and a member of the Genpact Australian Advisory Council. He is an external advisor to Bain & Company, and a member of the University of New South Wales Business School Advisory Council. Mr Stiff was formerly a Non-Executive Director of Australian Pharmaceutical Industries Limited, Chair of the Australian Food and Grocery Council, Chair of T2 Tea, and Non-executive Director of Foodbank NSW and ACT. Mr Stiff has over 35-years of experience in the fast-moving consumer goods industry. He was formerly CEO of Unilever Australia & New Zealand, CEO of Procter & Gamble France, and previously held other senior executive roles with the company internationally, as well as locally with Goodman Fielder. He is member of
    the Risk Committee and the Safety, Health and Environment Committee.

    Mr Peter Knoblanche Non-Executive Director Dec 2023

    Mr Knoblanche has had nearly 40 years experience in wholesale and retail banking, having worked with various local and international banks across his executive career. Peters most recent role was as Regional Manager of Australia and New Zealand and CEO Australia for Rabobank, a global food and agribusiness lender. He was also a member of Rabobanks global Wholesale and Rural Management Team and has been closely involved in the agribusiness sector across Australia, New Zealand and Globally. Peter has a deep understanding of strategy, agribusiness, funding, commodity trading and risk management. Peter is currently Non-executive Director of the Wheen Bee Foundation.

    Ms Annerly Squires Joint Company Secretary Dec 2018

    -

    Ms Stephanie Belton General CounselJoint Company Secretary Jul 2019

    -

    Stephanie Belton Chief Corporate Affairs Officer and Group General Counsel

    -

    Ian Morrison Chief Financial Officer

    -

    Jesse Scott Chief Innovation and Growth Officer

    -

    Klaus Pamminger Chief Operating Officer

    -

    Cate Hathaway Chief People and Transformation Officer

    -

    Stephanie Belton General CounselJoint Company Secretary

    -

    Annerly Squires Joint Company Secretary

    -

    GrainCorp Limited (ASX:GNC) Share Price News | The Motley Fool Australia (2024)

    FAQs

    Is Graincorp ASX a buy or sell? ›

    The overall consensus recommendation for Graincorp is Buy. You can view the full broker recommendation list by unlocking its StockReport. What is the Graincorp dividend yield? The Graincorp dividend yield is 3.02% based on the trailing twelve month period.

    What is the prediction for Graincorp? ›

    GrainCorp's revenue is forecast to decline at 4.1% per annum while its annual earnings are expected to grow at 9.4% per year. EPS is expected to grow by 8.9% per annum. Return on equity is forecast to be 7.1% in 3 years.

    Why are GrainCorp shares falling? ›

    Graincorp's Nutrition and Energy segment reported EBITDA of $76 million, down from $131 million in 1H 2023. The fall in earnings came as improved volumes were offset by moderated crush margins, with the company citing a lower supply of canola seed and weaker vegetable oil prices year on year.

    What stock will double in 2024? ›

    Stocks that will double in 2024
    • Aris Water Solutions, Inc. ( NYSE:ARIS)
    • XPeng Inc. ( NYSE:XPEV)
    • NIO Inc. ( NYSE:NIO)
    • ANI Pharmaceuticals, Inc. ( NASDAQ:ANIP)
    • Concentrix Corporation (NASDAQ:CNXC)
    • Fiverr International Ltd. ( NYSE:FVRR)
    • Perion Network Ltd. ( NASDAQ:PERI)
    • StoneCo Ltd. ( NASDAQ:STNE)
    Feb 28, 2024

    What is the outlook for GrainCorp? ›

    GrainCorp now expects to report annual underlying net profit of $60 million to $80 million, against guidance of $65 million to $95 million – also issued in February – and a 2022-23 result of $250 million.

    Is GNC a good buy? ›

    In the current month, GNC has received 12 Buy Ratings, 6 Hold Ratings, and 2 Sell Ratings. GNC average Analyst price target in the past 3 months is AU$9.53.

    Is GrainCorp government owned? ›

    In 1992, a group of grain farmers banded together to buy the company from the NSW Government. Since then, GrainCorp, as it became known, has transformed from a NSW-based grain handling company into an international agribusiness with a diversified revenue stream.

    How does GrainCorp make money? ›

    GrainCorp operates as an agribusiness company involved in storage and logistics, marketing and processing of grains and oils.

    How big is GrainCorp? ›

    We operate the largest grain storage and handling network on the east coast of Australia, operating more than 150 regional receival sites and 20 million metric tonnes of storage capacity.

    Which stocks to buy for the next 5 years? ›

    Top 10 Stocks to Buy for Long Term
    • Reliance Industries Limited. Tata Consultancy Services. ...
    • Reliance Industries Limited (RIL) ...
    • Tata Consultancy Services (TCS) ...
    • Infosys Limited. ...
    • HDFC Bank. ...
    • ITC Limited. ...
    • Hindustan Unilever Limited. ...
    • Asian Paints.
    6 days ago

    What stock is hot right now? ›

    Most Actives
    SymbolNamePrice (Intraday)
    TSLATesla, Inc.196.37
    AMZNAmazon.com, Inc.193.61
    SIRISirius XM Holdings Inc.2.7000
    AAPLApple Inc.213.25
    21 more rows

    What stock went up 1000 percent in a day? ›

    Even so, the gains posted by Ambrx Biopharma (AMAM) in Friday's session are unusual and particularly eye-catching. The stock soared to the tune of a hardly believable 1007% after the company announced pleasing results from the mid-stage testing of its breast cancer drug ARX788.

    Is GDV a good stock to buy? ›

    GDV Signals & Forecast

    Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $22.62.

    Is Geo Group a good stock to buy? ›

    Geo Group's analyst rating consensus is a Strong Buy. This is based on the ratings of 3 Wall Streets Analysts.

    Is GIS stock a buy today? ›

    The average price target represents 7.93% Increase from the current price of $67.08. What do analysts say about General Mills? General Mills's analyst rating consensus is a Hold. This is based on the ratings of 11 Wall Streets Analysts.

    Will GNS stock go up? ›

    The Genius Group Limited stock price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on the current trend the price of GNS stock is predicted to rise by 4.69% tomorrow and gain 6.72% in the next 7 days.

    Top Articles
    Latest Posts
    Article information

    Author: Tish Haag

    Last Updated:

    Views: 5983

    Rating: 4.7 / 5 (67 voted)

    Reviews: 90% of readers found this page helpful

    Author information

    Name: Tish Haag

    Birthday: 1999-11-18

    Address: 30256 Tara Expressway, Kutchburgh, VT 92892-0078

    Phone: +4215847628708

    Job: Internal Consulting Engineer

    Hobby: Roller skating, Roller skating, Kayaking, Flying, Graffiti, Ghost hunting, scrapbook

    Introduction: My name is Tish Haag, I am a excited, delightful, curious, beautiful, agreeable, enchanting, fancy person who loves writing and wants to share my knowledge and understanding with you.