Suncorp Group Ltd (ASX:SUN) Insider Acquires A$118,350.00 in Stock

Suncorp Group Ltd (ASX:SUN) insider Ian Hammond purchased 15,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were purchased at an average price of A$7.89 ($5.60) per share, for a total transaction of A$118,350.00 ($83,936.17).

ASX:SUN traded up A$0.03 ($0.02) during mid-day trading on Thursday, reaching A$8.54 ($6.06). 4,555,769 shares of the stock were exchanged, compared to its average volume of 3,380,000. The company has a 50 day moving average of A$11.29. The firm has a market capitalization of $10.77 billion and a PE ratio of 19.23. The company has a debt-to-equity ratio of 186.06, a current ratio of 0.19 and a quick ratio of 0.13. Suncorp Group Ltd has a 1 year low of A$8.52 ($6.04) and a 1 year high of A$14.57 ($10.34).

The company also recently declared a Interim dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st will be paid a dividend of $0.26 per share. This represents a yield of 2.09%. The ex-dividend date of this dividend is Wednesday, February 19th. This is an increase from Suncorp Group’s previous Interim dividend of $0.08. Suncorp Group’s dividend payout ratio (DPR) is currently 159.91%.

Suncorp Group Company Profile

Suncorp Group Limited provides insurance, banking, and wealth products and services to retail, corporate, and commercial sectors in Australia and New Zealand. It operates through Insurance, Banking & Wealth, and Suncorp New Zealand segments. The company offers home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, compulsory third party, loan protection, equity and cash benefit, life, trauma, total and permanent disablement, and income protection insurance products.

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Insider Buying and Selling by Quarter for Suncorp Group (ASX:SUN)

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