Challenger Limited (ASX:CGF – Get Free Report) insider Duncan West purchased 13,456 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were purchased at an average price of A$5.94 ($3.93) per share, for a total transaction of A$79,861.36 ($52,888.32).
Challenger Stock Performance
The company has a quick ratio of 1.70, a current ratio of 1.83 and a debt-to-equity ratio of 192.89.
Challenger Increases Dividend
The firm also recently declared a Final dividend, which was paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 17th were paid a dividend of $0.135 per share. The ex-dividend date was Sunday, August 25th. This is a positive change from Challenger’s previous Final dividend of $0.12. This represents a yield of 1.87%. Challenger’s dividend payout ratio is 150.00%.
About Challenger
Challenger Limited is a publicly owned investment manager. The company also provides retirement services to its clients. It manages equity mutual funds. The firm invests into the public equity markets across the world. Challenger Limited was founded in 1985 and is based in Australia, Asia and United Kingdom.
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