Generation Development Group Limited (ASX:GDG – Get Free Report) insider William (Bill) Bessemer sold 120,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of A$6.99, for a total transaction of A$838,320.00.
Generation Development Group Stock Performance
The firm has a market cap of $1.37 billion, a price-to-earnings ratio of 4.80, a P/E/G ratio of 1.31 and a beta of 0.80.
Generation Development Group Announces Dividend
The firm also recently announced a Final dividend, which was paid on Monday, October 6th. Shareholders of record on Monday, October 6th were issued a dividend of $0.01 per share. This represents a yield of 14.0%. The ex-dividend date of this dividend was Thursday, September 4th. Generation Development Group’s payout ratio is currently 66.67%.
Generation Development Group Company Profile
Generation Development Group Limited engages in the marketing and management of life insurance and life investment products and services in Australia. The company operates in two segments, Benefit Funds Management and Funds Administration, and Other Business. It also provides administration and management services to the Benefit Funds of Generation Life Limited, as well as administration services to institutional clients.
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