Bob Belan Sells 50,424 Shares of Latitude Group Holdings Limited (ASX:LFS) Stock

Latitude Group Holdings Limited (ASX:LFS) insider Bob Belan sold 50,424 shares of the business’s stock in a transaction dated Friday, May 16th. The stock was sold at an average price of A$1.15 ($0.73), for a total transaction of A$57,785.90 ($37,042.25).

Bob Belan also recently made the following trade(s):

• On Thursday, May 8th, Bob Belan sold 5,584 shares of Latitude Group stock. The stock was sold at an average price of A$1.14 ($0.73), for a total transaction of A$6,365.76 ($4,080.62).

Latitude Group Stock Performance

The company has a market capitalization of $1.20 billion, a P/E ratio of -32.48, a PEG ratio of 3.61 and a beta of 0.96.

Latitude Group Cuts Dividend

The firm also recently declared a Final dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 22nd were given a dividend of $0.03 per share. The ex-dividend date was Thursday, March 20th. This represents a yield of 2.52%. Latitude Group’s payout ratio is presently -266.67%.

About Latitude Group

Latitude Group Holdings Limited operates in digital payments, instalments, and lending business in Australia, New Zealand, and internationally. It operates through three segments: Australian and New Zealand Pay, Australia and New Zealand Money, and Other. It provides various lending products comprising latitude loans, personal loans, motor loans, and credit cards.