Suncorp Group Limited (ASX:SUNPH) to Issue Dividend Increase – $1.02 Per Share

Suncorp Group Limited (ASX:SUNPHGet Rating) declared a interim dividend on Thursday, November 24th, MarketIndexAU reports. Stockholders of record on Sunday, December 18th will be given a dividend of 1.019 per share on Sunday, December 18th. This represents a dividend yield of 1%. The ex-dividend date is Thursday, December 1st. This is an increase from Suncorp Group’s previous interim dividend of $0.87.

Suncorp Group Price Performance

The company has a quick ratio of 0.14, a current ratio of 0.20 and a debt-to-equity ratio of 191.20.

About Suncorp Group

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Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products.

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