Challenger Limited (ASX:CGF – Get Free Report) insider Nicolas (Nick) Hamilton sold 97,331 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of A$6.22 ($4.20), for a total transaction of A$605,398.82 ($409,053.26).
Challenger Stock Performance
The company has a debt-to-equity ratio of 192.89, a quick ratio of 1.70 and a current ratio of 1.83.
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 issued a $0.135 dividend. The ex-dividend date of this dividend was Sunday, August 25th. This represents a dividend yield of 1.87%. This is a boost from Challenger’s previous Final dividend of $0.12. Challenger’s dividend payout ratio (DPR) is presently 142.11%.
Challenger Company Profile
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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