Generation Development Group Ltd (ASX:GDG) announced a interim dividend on Thursday, February 21st, MarketIndexAU reports. Stockholders of record on Wednesday, April 3rd will be given a dividend of 0.01 per share on Wednesday, April 3rd. This represents a dividend yield of 1.54%. The ex-dividend date of this dividend is Friday, March 15th.
Generation Development Group stock opened at A$0.61 ($0.43) on Thursday. The stock has a market cap of $76.21 million and a price-to-earnings ratio of 23.46.
In related news, insider William (Bill) Bessemer purchased 50,000 shares of Generation Development Group stock in a transaction dated Wednesday, March 6th. The shares were acquired at an average cost of A$0.60 ($0.42) per share, for a total transaction of A$29,750.00 ($21,099.29).
Generation Development Group Limited provides life insurance, and life investment products and services to the retail sector in Australia. It offers tax-effective investment solutions; investment bond products; and administration services, including unit pricing, fund valuation, investment and fund accounting, fund administration, and business registry services.
Further Reading: Liquidity
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