Magellan Financial Group Limited (ASX:MFG) insider John Eales purchased 2,520 shares of the company’s stock in a transaction on Tuesday, September 14th. The shares were purchased at an average price of A$39.11 ($27.93) per share, with a total value of A$98,547.12 ($70,390.80).
The company has a quick ratio of 1.55, a current ratio of 1.59 and a debt-to-equity ratio of 1.48.
The business also recently announced a Final dividend, which will be paid on Wednesday, September 22nd. Stockholders of record on Wednesday, September 22nd will be paid a $1.141 dividend. The ex-dividend date of this dividend is Sunday, August 22nd. This represents a dividend yield of 2.51%. Magellan Financial Group’s dividend payout ratio (DPR) is currently 157.68%.
Magellan Financial Group Limited is a publicly owned investment manager. It invests in global equities and global listed infrastructure markets across the globe. Magellan Financial Group Limited founded in 2004 and is based in Sydney, Australia.
Further Reading: How to Trade Using Analysts Ratings
Receive News & Ratings for Magellan Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magellan Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.