Insider Selling: Bendigo and Adelaide Bank Limited (ASX:BEN) Insider Sells 25,000 Shares of Stock

Bendigo and Adelaide Bank Limited (ASX:BEN) insider Richard Fennell sold 25,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of A$12.58 ($8.28), for a total value of A$314,500.00 ($206,907.89).

Bendigo and Adelaide Bank Stock Performance

Bendigo and Adelaide Bank Increases Dividend

The company also recently declared a Final dividend, which was paid on Sunday, September 29th. Investors of record on Sunday, September 29th were paid a dividend of $0.33 per share. This represents a yield of 2.74%. The ex-dividend date was Sunday, September 1st. This is an increase from Bendigo and Adelaide Bank’s previous Final dividend of $0.32. Bendigo and Adelaide Bank’s dividend payout ratio (DPR) is currently 75.86%.

Bendigo and Adelaide Bank Company Profile

Bendigo and Adelaide Bank Limited provides banking and financial products and services to retail customers and small to medium sized businesses in Australia. The company operates through Consumer, Business and Agribusiness, and Corporate segments. It offers a range of products and services, including personal and business banking, financial planning, commercial mortgages and unsecured loans, investment products, insurance, and superannuation.