Pendal Group Ltd (PDL) Plans Interim Dividend of $0.20

Pendal Group Ltd (ASX:PDL) declared a interim dividend on Friday, May 3rd, MarketIndexAU reports. Investors of record on Wednesday, June 26th will be paid a dividend of 0.20 per share on Wednesday, June 26th. This represents a dividend yield of 2.49%. The ex-dividend date of this dividend is Thursday, May 23rd.

Shares of Pendal Group stock opened at A$7.77 ($5.51) on Friday. The company has a market capitalization of $2.21 billion and a P/E ratio of 14.61. The company has a quick ratio of 1.47, a current ratio of 1.53 and a debt-to-equity ratio of 0.64. Pendal Group has a 52 week low of A$7.37 ($5.23) and a 52 week high of A$10.43 ($7.40).

In related news, insider Christopher Jones acquired 9,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The stock was purchased at an average cost of A$9.04 ($6.41) per share, with a total value of A$81,360.00 ($57,702.13). Also, insider Kathryn Matthews acquired 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was bought at an average cost of A$7.51 ($5.33) per share, with a total value of A$112,650.00 ($79,893.62). Insiders purchased a total of 25,560 shares of company stock valued at $206,006 over the last ninety days.

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Pendal Group Company Profile

Pendal Group Limited is a publicly owned investment manager the firm provides its services to individual and institutional clients. It launches and manages equity, fixed income, multi-assets and balanced mutual funds. The firm invests in the public equity, fixed income, and alternative investment markets across the globe.

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