Insider Buying: Suncorp Group (ASX:SUN) Insider Purchases 5,000 Shares of Stock

Suncorp Group Limited (ASX:SUN) insider Simon Machell bought 5,000 shares of Suncorp Group stock in a transaction dated Thursday, February 19th. The stock was purchased at an average price of A$15.40 per share, for a total transaction of A$77,000.00.

Suncorp Group Price Performance

The firm has a market capitalization of $25.04 billion, a price-to-earnings ratio of 20.87, a PEG ratio of 0.96 and a beta of 0.74. The company has a debt-to-equity ratio of 18.24, a quick ratio of 0.14 and a current ratio of 0.01.

Suncorp Group Announces Dividend

The company also recently disclosed a Interim dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 30th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Sunday, February 22nd. This represents a dividend yield of 111.0%. Suncorp Group’s dividend payout ratio (DPR) is presently 127.54%.

Suncorp Group Company Profile

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 Consumer Insurance; Commercial and Personal Injury; and Suncorp New Zealand segments. The Consumer Insurance segment provides insurance products, including home and contents, motor, and boat insurance products. The Commercial and Personal Injury segment offers commercial motor, commercial property, marine, industrial special risks, public liability and professional indemnity, workers’ compensation, and compulsory third party products.