Smartgroup Co. Ltd (ASX:SIQ – Get Free Report) insider John Prendiville purchased 70,000 shares of Smartgroup stock in a transaction that occurred on Monday, May 20th. The stock was acquired at an average cost of A$8.34 ($5.56) per share, with a total value of A$584,010.00 ($389,340.00).
Smartgroup Stock Performance
The company has a debt-to-equity ratio of 29.65, a current ratio of 0.94 and a quick ratio of 0.50.
Smartgroup Increases Dividend
The firm also recently announced a Final dividend, which was paid on Wednesday, March 20th. Shareholders of record on Wednesday, March 20th were paid a dividend of $0.32 per share. This is a positive change from Smartgroup’s previous Final dividend of $0.29. The ex-dividend date was Tuesday, March 5th. This represents a yield of 3.14%. Smartgroup’s payout ratio is presently 66.67%.
About Smartgroup
Smartgroup Corporation Ltd provides employee management services in Australia. The company operates through three segments: Outsourced Administration (OA); Vehicle Services (VS); and Software, Distribution, and Group Services (SDGS) segments. The Outsourced Administration segment offers outsourced salary packaging services, novated leasing, and outsourced payroll services.
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