Macquarie Group Limited (ASX:MQG – Get Free Report) insider Jillian Broadbent sold 1,166 shares of the stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of A$215.00 ($137.82), for a total value of A$250,690.00 ($160,698.72).
Macquarie Group Price Performance
The stock has a market cap of $85.98 billion, a PE ratio of 23.62, a price-to-earnings-growth ratio of -1.95 and a beta of 1.12.
Macquarie Group Increases Dividend
The business also recently announced a Final dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Tuesday, July 1st will be given a dividend of $3.90 per share. This represents a yield of 1.88%. The ex-dividend date of this dividend is Sunday, May 18th. This is a boost from Macquarie Group’s previous Final dividend of $3.85. Macquarie Group’s dividend payout ratio (DPR) is 64.21%.
About Macquarie Group
Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.
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