Smartgroup Co. Ltd (ASX:SIQ – Get Free Report) declared a interim dividend on Thursday, September 5th, MarketIndexAU reports. Shareholders of record on Sunday, September 22nd will be paid a dividend of 0.175 per share on Sunday, September 22nd. This represents a yield of 1.98%. The ex-dividend date is Thursday, September 5th. This is a boost from Smartgroup’s previous interim dividend of $0.17.
Smartgroup Stock 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.
Insider Activity at Smartgroup
In other news, insider Mark Rigotti purchased 9,375 shares of the stock in a transaction dated Friday, August 30th. The stock was acquired at an average cost of A$7.97 ($5.42) per share, for a total transaction of A$74,718.75 ($50,829.08). 5.18% of the stock is owned by corporate insiders.
Smartgroup Company Profile
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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