Generation Development Group Limited (ASX:GDG – Get Free Report) insider William (Bill) Bessemer sold 1,500,000 shares of the firm’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of A$2.66 ($1.77), for a total value of A$3,990,000.00 ($2,660,000.00).
Generation Development Group Stock Performance
The company has a current ratio of 92.12, a quick ratio of 130.72 and a debt-to-equity ratio of 1.64.
Generation Development Group Dividend Announcement
The firm also recently declared a Final dividend, which will be paid on Sunday, October 6th. Stockholders of record on Sunday, October 6th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a dividend yield of 0.37%. Generation Development Group’s dividend payout ratio is currently 66.67%.
About Generation Development Group
Generation Development Group Limited manages and markets life insurance and life investment products and services to the retail sector in Australia. The company operates in two segments, Benefit Funds Management and Funds Administration, and Other Business. It offers investment bond product solutions and administration and management services.
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