Generation Development Group Limited (ASX:GDG – Get Free Report) insider William (Bill) Bessemer sold 1,500,000 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of A$2.66 ($1.77), for a total transaction of A$3,990,000.00 ($2,660,000.00).
Generation Development Group Price Performance
The company has a debt-to-equity ratio of 1.64, a current ratio of 92.12 and a quick ratio of 130.72.
Generation Development Group Announces Dividend
The company 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 66.67%.
Generation Development Group Company Profile
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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