Generation Development Group Limited (ASX:GDG – Get Free Report) insider William (Bill) Bessemer sold 120,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of A$6.99, for a total transaction of A$838,320.00.
Generation Development Group Stock Performance
The firm has a market cap of $1.37 billion, a P/E ratio of 4.80, a price-to-earnings-growth ratio of 1.31 and a beta of 0.80.
Generation Development Group Dividend Announcement
The company also recently declared a Final dividend, which was paid on Monday, October 6th. Shareholders of record on Monday, October 6th were issued a $0.01 dividend. This represents a yield of 14.0%. The ex-dividend date of this dividend was Thursday, September 4th. Generation Development Group’s dividend payout ratio (DPR) is presently 66.67%.
About Generation Development Group
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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