Charles Sweeney Acquires 250,000 Shares of Sequoia Financial Group Limited (ASX:SEQ) Stock

Sequoia Financial Group Limited (ASX:SEQ) insider Charles Sweeney acquired 250,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 30th. The shares were bought at an average price of A$0.45 ($0.30) per share, with a total value of A$112,500.00 ($74,013.16).

Sequoia Financial Group Price Performance

The company has a debt-to-equity ratio of 5.81, a quick ratio of 1.05 and a current ratio of 1.92.

Sequoia Financial Group Cuts Dividend

The company also recently announced a Interim dividend, which was paid on Tuesday, March 12th. Stockholders of record on Tuesday, March 12th were issued a $0.02 dividend. The ex-dividend date was Monday, March 4th. This represents a dividend yield of 4.08%. Sequoia Financial Group’s dividend payout ratio (DPR) is -150.00%.

About Sequoia Financial Group

Sequoia Financial Group Limited, an integrated financial services company, provides financial products and services to retail and wholesale clients, and third-party professional service firms primarily in Australia. It operates through Sequoia Licensees Services Group, Sequoia Professional Services Group, Sequoia Equity Markets Group, and Sequoia Direct Investment Group segments.