Smartgroup Co. Ltd (ASX:SIQ) Insider Mark Rigotti Acquires 11,905 Shares

Smartgroup Co. Ltd (ASX:SIQGet Free Report) insider Mark Rigotti acquired 11,905 shares of Smartgroup stock in a transaction dated Monday, March 3rd. The shares were bought at an average price of A$8.40 ($5.32) per share, with a total value of A$100,002.00 ($63,292.41).

Smartgroup Stock Performance

The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 15.13, a P/E/G ratio of 7.51 and a beta of 0.77. The company has a debt-to-equity ratio of 34.82, a quick ratio of 0.50 and a current ratio of 0.97.

Smartgroup Cuts Dividend

The firm also recently declared a Final dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be given a $0.31 dividend. The ex-dividend date is Wednesday, March 5th. This represents a yield of 3.72%. Smartgroup’s dividend payout ratio (DPR) is 67.31%.

About Smartgroup

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Smartgroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smartgroup and related companies with MarketBeat.com's FREE daily email newsletter.