Insider Buying: Telstra Group Limited (ASX:TLS) Insider Purchases A$93,210.00 in Stock

Telstra Group Limited (ASX:TLS) insider Maxine Brenner bought 23,900 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were purchased at an average cost of A$3.90 ($2.60) per share, with a total value of A$93,210.00 ($62,140.00).

Telstra Group Stock Performance

The company has a debt-to-equity ratio of 97.83, a quick ratio of 0.52 and a current ratio of 0.53.

Telstra Group Increases Dividend

The firm also recently announced a Final dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 25th were given a dividend of $0.09 per share. This is a positive change from Telstra Group’s previous Final dividend of $0.09. This represents a yield of 2.27%. The ex-dividend date of this dividend was Tuesday, August 27th. Telstra Group’s dividend payout ratio is currently 128.57%.

About Telstra Group

Telstra Group Limited engages in the provision of telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates through four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo The company offers telecommunication, media and technology products and services to consumer and business customers using mobile and fixed network technologies, as well as operates call centers, retail stores, a dealership network, digital channels, distribution systems and Telstra Plus customer loyalty program in Australia.