Insurance Australia Group Limited (ASX:IAG) Insider Nicholas Hawkins Acquires 81,460 Shares

Insurance Australia Group Limited (ASX:IAG) insider Nicholas Hawkins bought 81,460 shares of the business’s stock in a transaction on Tuesday, August 27th. The stock was bought at an average cost of A$7.38 ($4.99) per share, for a total transaction of A$601,419.18 ($406,364.31).

Insurance Australia Group Stock Performance

The company has a current ratio of 49.17, a quick ratio of 0.30 and a debt-to-equity ratio of 42.84.

Insurance Australia Group Increases Dividend

The company also recently announced a Final dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 25th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, August 28th. This is a positive change from Insurance Australia Group’s previous Final dividend of $0.09. This represents a yield of 2.28%. Insurance Australia Group’s dividend payout ratio (DPR) is 64.52%.

About Insurance Australia Group

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, personal liability, business, and rural and horticultural, as well as reinsurance.