Insider Buying: Pendal Group Ltd (PDL) Insider Acquires 5,000 Shares of Stock

Pendal Group Ltd (ASX:PDL) insider Sally Collier bought 5,000 shares of Pendal Group stock in a transaction that occurred on Wednesday, May 15th. The stock was bought at an average price of A$7.64 ($5.42) per share, for a total transaction of A$38,200.00 ($27,092.20).

Shares of PDL stock opened at A$8.04 ($5.70) on Tuesday. Pendal Group Ltd has a one year low of A$7.37 ($5.23) and a one year high of A$10.43 ($7.40). The company has a market capitalization of $2.29 billion and a P/E ratio of 15.11. The company has a current ratio of 1.53, a quick ratio of 1.47 and a debt-to-equity ratio of 0.64.

The business also recently announced a Interim dividend, which will be paid on Wednesday, June 26th. Investors of record on Wednesday, June 26th will be issued a $0.20 dividend. This represents a yield of 2.49%. The ex-dividend date is Thursday, May 23rd. Pendal Group’s payout ratio is presently 97.74%.

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About Pendal Group

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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