Steadfast Group Limited (ASX:SDF) Insider Sells A$1,059,156.54 in Stock

Steadfast Group Limited (ASX:SDF) insider Robert Kelly sold 187,395 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of A$5.65 ($3.67), for a total value of A$1,059,156.54 ($687,763.99).

Robert Kelly also recently made the following trade(s):

• On Wednesday, November 13th, Robert Kelly sold 49,383 shares of Steadfast Group stock. The stock was sold at an average price of A$5.70 ($3.70), for a total transaction of A$281,532.48 ($182,813.30).

Steadfast Group Price Performance

The company has a debt-to-equity ratio of 50.48, a current ratio of 1.47 and a quick ratio of 0.97.

Steadfast Group Increases Dividend

The business also recently announced a Final dividend, which was paid on Monday, September 23rd. Investors of record on Monday, September 23rd were given a $0.103 dividend. The ex-dividend date of this dividend was Monday, September 2nd. This is a positive change from Steadfast Group’s previous Final dividend of $0.09. This represents a yield of 1.6%. Steadfast Group’s payout ratio is 80.95%.

About Steadfast Group

Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe. It also offers insurance underwriting services and related services. The company provides various business insurance products, such as aviation, business pack and interruption, contract works, corporate travel, cyber, events, farm, marine, management and product liability, professional indemnity, public liability, trade credit, and workers' compensation insurance.