Suncorp Group Limited (ASX:SUN) Insider Acquires 244,910 Shares

Suncorp Group Limited (ASX:SUN) insider Stephen(Steven) Johnston acquired 244,910 shares of Suncorp Group stock in a transaction dated Tuesday, August 20th. The stock was purchased at an average cost of A$17.95 ($12.13) per share, for a total transaction of A$4,396,134.50 ($2,970,361.15).

Suncorp Group Price Performance

The company has a debt-to-equity ratio of 20.35, a current ratio of 1.09 and a quick ratio of 0.14.

Suncorp Group Increases Dividend

The firm also recently disclosed a Final dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 24th will be paid a $0.44 dividend. This represents a dividend yield of 2.45%. This is an increase from Suncorp Group’s previous Final dividend of $0.27. The ex-dividend date of this dividend is Wednesday, August 21st. Suncorp Group’s payout ratio is currently 127.54%.

Suncorp Group Company Profile

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 Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products.