Insider Buying: Suncorp Group (ASX:SUN) Insider Acquires A$77,000.00 in Stock

Suncorp Group Limited (ASX:SUN) insider Simon Machell purchased 5,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were purchased at an average price of A$15.40 per share, for a total transaction of A$77,000.00.

Suncorp Group Stock Performance

The company has a quick ratio of 0.14, a current ratio of 0.01 and a debt-to-equity ratio of 18.24. The firm has a market cap of $25.04 billion, a price-to-earnings ratio of 20.87, a price-to-earnings-growth ratio of 0.96 and a beta of 0.74.

Suncorp Group Dividend Announcement

The company also recently announced a Interim dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 30th will be given a $0.17 dividend. This represents a yield of 111.0%. The ex-dividend date of this dividend is Sunday, February 22nd. Suncorp Group’s dividend payout ratio is presently 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 Consumer Insurance; Commercial and Personal Injury; and Suncorp New Zealand segments. The Consumer Insurance segment provides insurance products, including home and contents, motor, and boat insurance products. The Commercial and Personal Injury segment offers commercial motor, commercial property, marine, industrial special risks, public liability and professional indemnity, workers’ compensation, and compulsory third party products.