Generation Development Group Limited (ASX:GDG – Get Free Report) insider William (Bill) Bessemer sold 120,000 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of A$6.99, for a total value of A$838,320.00.
Generation Development Group Price Performance
The stock has a market capitalization of $1.37 billion, a PE ratio of 4.80, a PEG ratio of 1.31 and a beta of 0.80.
Generation Development Group Announces Dividend
The firm also recently disclosed a Final dividend, which was paid on Monday, October 6th. Stockholders of record on Monday, October 6th were given a dividend of $0.01 per share. This represents a dividend yield of 14.0%. The ex-dividend date of this dividend was Thursday, September 4th. Generation Development Group’s dividend payout ratio is currently 66.67%.
Generation Development Group Company Profile
Generation Development Group Limited engages in the marketing and management of life insurance and life investment products and services in Australia. The company operates in two segments, Benefit Funds Management and Funds Administration, and Other Business. It also provides administration and management services to the Benefit Funds of Generation Life Limited, as well as administration services to institutional clients.
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