Insurance Australia Group Limited (ASX:IAG – Get Free Report) insider Wendy Thorpe bought 9,689 shares of the firm’s stock in a transaction dated Friday, August 15th. The shares were acquired at an average cost of A$8.69 per share, with a total value of A$84,148.97.
Insurance Australia Group Stock Performance
The company has a debt-to-equity ratio of 44.10, a quick ratio of 0.30 and a current ratio of 1.75. The stock has a market capitalization of $18.45 billion, a P/E ratio of 21.23, a PEG ratio of 0.34 and a beta of 0.16.
Insurance Australia Group Increases Dividend
The company also recently declared a Final dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 17th will be issued a dividend of $0.19 per share. This represents a yield of 221.0%. This is a boost from Insurance Australia Group’s previous Final dividend of $0.17. The ex-dividend date is Wednesday, August 20th. Insurance Australia Group’s dividend payout ratio is presently 94.44%.
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.
Further Reading
- Five stocks we like better than Insurance Australia Group
- What is the MACD Indicator and How to Use it in Your Trading
- 3 Robotics Stocks at the Heart of the Robotics Revolution
- Most Volatile Stocks, What Investors Need to Know
- Tilray’s High Hopes: The Catalyst Driving Cannabis Stocks
- What Are Earnings Reports?
- Amazon Stock Sets Up for Breakout After Bullish Crossover
Receive News & Ratings for Insurance Australia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insurance Australia Group and related companies with MarketBeat.com's FREE daily email newsletter.
