United Malt Group Ltd (ASX: UMG) Share Price and News

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United Malt Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $1.40 billion
P/E Ratio 27.86
Dividend Yield 1.26%
Shares Outstanding 299.18 million
Earnings per share 0.168
Dividend per share 0.04
Year To Date Return 14.63%
Earnings Yield 3.59%
Franking N/A
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as at 24 Feb 3:44pm

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United Malt Group Ltd (ASX: UMG)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
02 Jun 2021 $0.0200 0.00% Interim 18 Jun 2021
11 Dec 2020 $0.0390 0.00% Final 30 Dec 2020

UMG 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 United Malt Group Ltd

United Malt Group Ltd (ASX: UMG) is the world’s fourth largest independent commercial maltster. It operates 13 processing plants across Canada, the United States, Australia, New Zealand and the United Kingdom.

With approximately 1.25Mtpa of malting capacity, the company produces, sells and distributes bagged malt, hops, yeast, adjuncts and related products to major brewers, craft brewers, distillers and food companies.

United Malt was spun off from Graincorp Ltd in March 2020. The United Malt share price opened at $4.10 amid the COVID-19 March market crash and has weathered the tumultuous year of 2020, trading at a price of $4.28 in mid-October.

UMG Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
23 Jul 2021 $4.68 $-0.03 -0.64% 285,003 $4.71 $4.75 $4.64
22 Jul 2021 $4.71 $0.01 0.21% 810,614 $4.70 $4.76 $4.68
21 Jul 2021 $4.70 $-0.01 -0.21% 970,533 $4.73 $4.76 $4.68
20 Jul 2021 $4.71 $0.08 1.73% 1,928,229 $4.67 $4.74 $4.61
19 Jul 2021 $4.63 $0.01 0.22% 1,172,148 $4.60 $4.63 $4.52
16 Jul 2021 $4.62 $0.10 2.21% 2,280,504 $4.59 $4.63 $4.50
15 Jul 2021 $4.52 $0.03 0.67% 778,677 $4.48 $4.52 $4.48
14 Jul 2021 $4.49 $-0.01 -0.22% 318,280 $4.50 $4.54 $4.48
13 Jul 2021 $4.50 $0.06 1.35% 727,540 $4.50 $4.53 $4.46
12 Jul 2021 $4.44 $-0.06 -1.33% 565,456 $4.57 $4.57 $4.43
09 Jul 2021 $4.50 $0.00 0.00% 1,217,973 $4.48 $4.51 $4.44
08 Jul 2021 $4.50 $0.07 1.58% 1,329,590 $4.48 $4.53 $4.45
07 Jul 2021 $4.43 $0.02 0.45% 1,003,268 $4.41 $4.44 $4.38
06 Jul 2021 $4.41 $-0.05 -1.12% 703,599 $4.45 $4.46 $4.40
05 Jul 2021 $4.46 $0.04 0.90% 460,702 $4.42 $4.49 $4.38
02 Jul 2021 $4.42 $0.04 0.91% 891,438 $4.43 $4.44 $4.39
01 Jul 2021 $4.38 $-0.10 -2.23% 583,956 $4.50 $4.50 $4.37
30 Jun 2021 $4.48 $0.02 0.45% 828,512 $4.50 $4.51 $4.42
29 Jun 2021 $4.46 $0.01 0.22% 641,039 $4.43 $4.46 $4.39
28 Jun 2021 $4.45 $-0.08 -1.77% 473,974 $4.53 $4.56 $4.42
25 Jun 2021 $4.53 $0.06 1.34% 1,386,013 $4.60 $4.64 $4.49

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
11 Mar 2021 Mark Palmquist Issued 268 $1,072,872
Issue of securities. 956,325 - performance rights
25 Feb 2021 Mark Palmquist Buy 10 $37,750
On-market trade. Avg price
24 Feb 2021 Jane McAloon Buy 5 $20,173
On-market trade.
23 Feb 2021 Graham Bradley Buy 20 $75,400
On-market trade.
23 Feb 2021 Jane McAloon Buy 5 $20,262
On-market trade.
23 Feb 2021 Terry Williamson Buy 10 $37,000
On-market trade.
19 Feb 2021 Gary Mize Buy 16 $61,200
On-market trade. Avg price
19 Jan 2021 Gary Mize Buy 800 $2,600
On-market trade. Trading in $USD.
07 Jan 2021 Barbara Gibson Buy 5 $19,998
On-market trade.
31 Dec 2020 Gary Mize Buy 400 $1,608
On-market trade. 3.10 USD = ($4.02 AUD)
22 Dec 2020 Mark Palmquist Issued 111 $451,562
Issue of securities. 688,107 - Performance right
08 Dec 2020 Terry Williamson Buy 5 $21,679
On-market trade.
01 Sep 2020 Mark Palmquist Issued 576 $2,219,948
Issue of securities. 576,610 - performance rights

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Ms Barbara June Gibson Non-Executive Director Jan 2020
Ms Gibson has over 30 years of business experience at senior executive and board levels across the chemicals, health care, agriculture and manufacturing sectors. Ms Gibson is an experienced executive having spent 20 years with Orica Limited. Prior to this, she held positions in medical diagnostics, pharmaceuticals and fine chemicals. In 2003, Ms Gibson was awarded a Centenary of Federation Medal for services to Australian society in medical technology. She is a former director of GrainCorp Limited (March 2011 until March 2020), and Chair of Warakirri Asset Management Pty Ltd (July 2006 until December 2018). She is Chair of the Environment, Health and Safety Committee and Member of the Risk Committee.
Mr Graham John Bradley Non-Executive ChairmanNon-Executive Director Jan 2020
Mr Bradley has over 30 years of business, executive leadership and governance experience at senior executive and board levels across banking and financial services, manufacturing, infrastructure, resources, agribusiness and corporate strategy consulting. Mr Bradley has previously held the position of Managing Director of Perpetual and senior roles at Blake Dawson and McKinsey & Company. Mr Bradley is currently a Non-Executive Chairman of Energy Australia Holdings (since June 2012), Virgin Australia International Holdings (since March 2012), and Shine Justice Limited (since May 2020). Mr Bradley is also a Director of Hong Kong and Shanghai Banking Corporation (since November 2012), the Chairman of Infrastructure NSW (since July 2013), a member of the Advisory Council of the Australian School of Business at UNSW and was made a member of The Order of Australia in 2009. He is a former Chairman of GrainCorp (March 2017 until March 2020), Chairman of HSBC Bank Australia (October 2012 until October 2020) and Chairman of Stockland Corporation (until October 2016). Mr Bradley was the President of the Business Council of Australia and the Deputy President of the Takeovers Panel, among other notable roles.
Ms Jane Frances McAloon Non-Executive Director Jan 2020
Ms McAloon has over 25 years of business, government and regulatory experience at senior executive and board levels across the energy, infrastructure and natural resources sectors. Ms McAloon was an executive at BHP Billiton and AGL. Prior to this, she held positions in government in energy, rail and natural resources. Ms McAloon is currently a Non-Executive Director of Energy Australia (since June 2012), Home Consortium (since October 2019), Viva Energy (since June 2018) and Allianz Australia (since July 2020). Jane is also a board member of the Allens Advisory Board. She is a former director of Healthscope Limited (February 2016 to June 2019), Cogstate Limited (January 2017 to November 2019), Civil Aviation Safety Authority (December 2017 to December 2019), Port of Melbourne (February 2018 to February 2020) and GrainCorp (December 2019 to March 2020). She is Member of the Risk Committee.
Mr Terry Walter Williamson Non-Executive Director Mar 2020
Mr Williamson has an background in financial reporting and risk management with prior roles as senior audit partner of Price Waterhouse, Chief Financial Officer Bankers Trust Australia, Member of the Global Controls Group Bankers Trust New York Group, Chair of Audit and Risk Committee Stockland Property Group, Avant Insurance and Member of the Audit Committee of the Reserve Bank Australia and financial advisor to a number of not-for-profit organisations. Mr Williamson is currently a Director of Stockland Capital Partners and Stockland Direct Retail Trust No. 1 (since April 2018), Member of the Building Estates Committee of the University of Sydney, and Finance Advisor to the Society of the Divine Word. He is Chair of the Risk Committee and Member of the Environment, Health and Safety Committee
Mr Mark LeRoy Palmquist Chief Executive OfficerManaging Director Jan 2020
Mr Palmquist has over 30 years experience in food processing and agricultural sectors and has held a number of senior leadership roles prior to commencing his role at United Malt. Mr Palmquist is focused on building a sustainable business aligned to meeting the needs of our customers in each of our markets, whilst ensuring strong governance, risk management and continued innovation. Prior to his role at United Malt, Mr Palmquist was the Managing Director and CEO of GrainCorp Limited from 2014 until 2020, which demerged its malt business that is now United Malt. Prior to this, he was Executive Vice President and Chief Operating Officer, Ag Business, for CHS Inc., a leading global agribusiness, diversified in energy, grains, and food. He has held a variety of global leadership roles for a broad range of CHS agricultural inputs and marketing areas, retail businesses, and grain-based food and food ingredients operations. Mr Palmquist is currently a director of Telesense, Inc (September 2020) and is a former director of GrainCorp Limited (from October 2014 until March 2020).
Mr Gary W Mize Non-Executive Director Oct 2020
Mr Mize has knowledge and international experience across the malting and processing industries. Gary is a experienced agribusiness executive with international operational experience, having previously been a senior executive with Cargill in the US, Europe and South America, CEO of Conagra Malt, and COO of Noble Group in Hong Kong. He is also an experienced non-executive director and is currently a Director of Gevo Inc, TSX-listed Ceres Global Ag and Darling Ingredients International. Gary is based in Arizona, US.
Ms Lisa Jones Company Secretary
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Amy Spanik Chief Financial Officer
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Lisa Jones Company Secretary
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Darren Smith President Processing
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Bryan Bechard President Warehouse & Distribution
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 98,854,066 33.04%
J P Morgan Nominees Australia Pty Limited 39,856,816 13.32%
Citicorp Nominees Pty Limited 39,497,472 13.20%
Graincorp Limited 25,428,404 8.50%
National Nominees Limited 18,996,546 6.35%
BNP Paribas Noms Pty Ltd 8,243,842 2.76%
BNP Paribas Nominees Pty Ltd 4,908,292 1.64%
Citicorp Nominees Pty Limited i 3,049,086 1.02%
HSBC Custody Nominees (Australia) Limited A/C 2 2,185,971 0.73%
UBS Nominees Pty Ltd 2,077,611 0.69%
Brispot Nominees Pty Ltd 1,945,189 0.65%
Jarjums Holdings Pty Limited 1,700,000 0.57%
Mrs Ingrid Kaiser 1,133,976 0.38%
HSBC Custody Nominees (Australia) Limited Gsco Eca i 957,302 0.32%
HSBC Custody Nominees (Australia) Limited i 687,896 0.23%
HSBC Custody Nominees (Australia) Limited ii 542,858 0.18%
Warbont Nominees Pty Ltd 531,799 0.18%
AMP Life Limited 463,227 0.15%
BNP Paribas Nominees Pty Ltd i 425,000 0.14%
BNP Paribas Nominees Pty Ltd ii 252,564 0.08%

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