Suncorp Group Ltd (ASX:SUN) Insider Ian Hammond Purchases 15,000 Shares

Suncorp Group Ltd (ASX:SUN) insider Ian Hammond purchased 15,000 shares of the stock in a transaction dated Monday, March 23rd. The shares were acquired at an average price of A$7.89 ($5.60) per share, with a total value of A$118,350.00 ($83,936.17).

Shares of ASX SUN traded up A$0.03 ($0.02) during mid-day trading on Thursday, reaching A$8.54 ($6.06). 4,555,769 shares of the company’s stock were exchanged, compared to its average volume of 3,380,000. The firm has a market capitalization of $10.77 billion and a price-to-earnings ratio of 19.23. The company has a debt-to-equity ratio of 186.06, a current ratio of 0.19 and a quick ratio of 0.13. Suncorp Group Ltd has a 52-week low of A$8.52 ($6.04) and a 52-week high of A$14.57 ($10.34). The stock’s 50-day moving average is A$11.29.

The firm also recently declared a Interim dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, February 19th. This is a boost from Suncorp Group’s previous Interim dividend of $0.08. This represents a dividend yield of 2.09%. Suncorp Group’s dividend payout ratio is currently 159.91%.

Suncorp Group Company Profile

Suncorp Group Limited provides insurance, banking, and wealth products and services to retail, corporate, and commercial sectors in Australia and New Zealand. It operates through Insurance, Banking & Wealth, and Suncorp New Zealand segments. The company offers home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, compulsory third party, loan protection, equity and cash benefit, life, trauma, total and permanent disablement, and income protection insurance products.

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Insider Buying and Selling by Quarter for Suncorp Group (ASX:SUN)

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