Challenger Ltd (ASX:CGF) announced a final dividend on Wednesday, August 14th, MarketIndexAU reports. Shareholders of record on Wednesday, September 25th will be paid a dividend of 0.18 per share on Wednesday, September 25th. This represents a yield of 2.59%. The ex-dividend date of this dividend is Friday, August 30th.

Challenger stock traded up A$0.30 ($0.21) during trading hours on Wednesday, hitting A$6.96 ($4.94). 4,647,377 shares of the stock were exchanged, compared to its average volume of 2,120,000. The company has a quick ratio of 4.20, a current ratio of 4.35 and a debt-to-equity ratio of 209.30. Challenger has a 12 month low of A$6.22 ($4.41) and a 12 month high of A$12.49 ($8.85). The stock has a market capitalization of $4.26 billion and a PE ratio of 31.49. The stock has a 50-day moving average of A$6.79.

About Challenger

Challenger Limited is a publicly owned investment manager. The company also provides retirement services to its clients. It manages equity mutual funds. The firm invests into the public equity markets. Challenger Limited was founded in 1985 and is based in Australia, Asia and United Kingdom.

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