Insurance Australia Group Limited (IAG) To Go Ex-Dividend on August 28th

Insurance Australia Group Limited (ASX:IAG) declared a final dividend on Thursday, August 29th, MarketIndexAU reports. Stockholders of record on Wednesday, September 25th will be paid a dividend of 0.17 per share on Wednesday, September 25th. This represents a dividend yield of 2.28%. The ex-dividend date of this dividend is Wednesday, August 28th. This is an increase from Insurance Australia Group’s previous final dividend of $0.09.

Insurance Australia Group Stock Performance

The company has a debt-to-equity ratio of 42.84, a quick ratio of 0.30 and a current ratio of 49.17.

Insider Transactions at Insurance Australia Group

In related news, insider Wendy Thorpe bought 12,096 shares of Insurance Australia Group stock in a transaction dated Thursday, August 22nd. The shares were acquired at an average cost of A$7.32 ($4.95) per share, with a total value of A$88,542.72 ($59,826.16). In other Insurance Australia Group news, insider Wendy Thorpe acquired 12,096 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were bought at an average cost of A$7.32 ($4.95) per share, with a total value of A$88,542.72 ($59,826.16). Also, insider Nicholas Hawkins acquired 81,460 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were acquired at an average cost of A$7.38 ($4.99) per share, for a total transaction of A$601,419.18 ($406,364.31). Corporate insiders own 0.08% of the company’s stock.

About Insurance Australia Group

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, personal liability, business, and rural and horticultural, as well as reinsurance.