Simon Machell Buys 5,000 Shares of Suncorp Group (ASX:SUN) Stock

Suncorp Group Limited (ASX:SUN) insider Simon Machell purchased 5,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were acquired at an average cost of A$15.40 per share, for a total transaction of A$77,000.00.

Suncorp Group Price Performance

The company has a quick ratio of 0.14, a current ratio of 0.01 and a debt-to-equity ratio of 18.24. The firm has a market capitalization of $25.04 billion, a P/E ratio of 20.87, a P/E/G ratio of 0.96 and a beta of 0.74.

Suncorp Group Dividend Announcement

The business also recently announced a Interim dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 30th will be given a dividend of $0.17 per share. The ex-dividend date is Sunday, February 22nd. This represents a dividend yield of 111.0%. Suncorp Group’s dividend payout ratio is currently 127.54%.

About Suncorp Group

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Consumer Insurance; Commercial and Personal Injury; and Suncorp New Zealand segments. The Consumer Insurance segment provides insurance products, including home and contents, motor, and boat insurance products. The Commercial and Personal Injury segment offers commercial motor, commercial property, marine, industrial special risks, public liability and professional indemnity, workers’ compensation, and compulsory third party products.