Insurance Australia Group Limited (ASX:IAG) to Issue Final Dividend of $0.19

Insurance Australia Group Limited (ASX:IAG) declared a final dividend on Thursday, August 14th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, September 17th will be paid a dividend of 0.19 per share on Wednesday, September 17th. This represents a yield of 221.0%. The ex-dividend date of this dividend is Wednesday, August 20th. This is a 11.8% increase from Insurance Australia Group’s previous final dividend of $0.17.

Insurance Australia Group Stock Performance

The firm has a market capitalization of $18.45 billion, a price-to-earnings ratio of 21.23, a price-to-earnings-growth ratio of 0.34 and a beta of 0.16. The company has a debt-to-equity ratio of 44.10, a quick ratio of 0.30 and a current ratio of 1.75.

About Insurance Australia Group

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, personal liability, business, and rural and horticultural, as well as reinsurance.