Smartgroup Co. Ltd (ASX:SIQ – Get 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
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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