Insider Buying: Smartgroup Co. Ltd (ASX:SIQ) Insider Buys 25,000 Shares of Stock

Smartgroup Co. Ltd (ASX:SIQGet Free Report) insider John Prendiville acquired 25,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The shares were bought at an average cost of A$6.95 ($4.37) per share, with a total value of A$173,750.00 ($109,276.73).

Smartgroup Price Performance

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

Smartgroup Cuts Dividend

The firm also recently declared a Final dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th were paid a $0.31 dividend. This represents a yield of 3.72%. The ex-dividend date of this dividend was Wednesday, March 5th. Smartgroup’s dividend payout ratio is presently 67.31%.

Smartgroup Company Profile

(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.

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