Insider Buying: MyState Limited (ASX:MYS) Insider Acquires 5,000 Shares of Stock

MyState Limited (ASX:MYSGet Free Report) insider Gregory Kenny purchased 5,000 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average price of A$3.63 ($2.30) per share, with a total value of A$18,155.00 ($11,490.51).

MyState Stock Performance

The firm has a market cap of $509.23 million, a P/E ratio of 14.37, a price-to-earnings-growth ratio of 2.66 and a beta of 0.99.

MyState Cuts Dividend

The company also recently declared a Interim dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be issued a dividend of $0.105 per share. The ex-dividend date is Monday, March 3rd. This represents a yield of 2.43%. MyState’s dividend payout ratio is currently 82.14%.

About MyState

(Get Free Report)

MyState Limited, through its subsidiaries, provides banking, trustee, and managed fund products and services in Australia. The company operates through Banking and Wealth Management segments. It offers personal and commercial lending, mortgage lending, savings and investment, and insurance products; and wealth management services.

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