John Eales Buys 2,520 Shares of Magellan Financial Group Limited (ASX:MFG) Stock

Magellan Financial Group Limited (ASX:MFG) insider John Eales purchased 2,520 shares of the business’s stock in a transaction dated Tuesday, September 14th. The stock was bought at an average price of A$39.11 ($27.93) per share, with a total value of A$98,547.12 ($70,390.80).

The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.55 and a current ratio of 1.59.

The business also recently declared a Final dividend, which will be paid on Wednesday, September 22nd. Stockholders of record on Wednesday, September 22nd will be given a dividend of $1.141 per share. The ex-dividend date of this dividend is Sunday, August 22nd. This represents a dividend yield of 2.51%. Magellan Financial Group’s payout ratio is 157.68%.

Magellan Financial Group Company Profile

Magellan Financial Group Limited is a publicly owned investment manager. It invests in global equities and global listed infrastructure markets across the globe. Magellan Financial Group Limited founded in 2004 and is based in Sydney, Australia.

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