Pengana Capital Group Ltd (ASX:PCG) Insider David Groves Acquires 30,359 Shares

Pengana Capital Group Ltd (ASX:PCG) insider David Groves acquired 30,359 shares of the company’s stock in a transaction that occurred on Monday, March 18th. The shares were acquired at an average cost of A$0.90 ($0.59) per share, with a total value of A$27,232.02 ($17,798.71).

David Groves also recently made the following trade(s):

• On Friday, March 15th, David Groves purchased 10,373 shares of Pengana Capital Group stock. The stock was purchased at an average cost of A$0.91 ($0.59) per share, with a total value of A$9,439.43 ($6,169.56).
• On Wednesday, March 20th, David Groves purchased 3,110 shares of Pengana Capital Group stock. The stock was purchased at an average cost of A$0.89 ($0.58) per share, with a total value of A$2,767.90 ($1,809.08).
• On Friday, March 22nd, David Groves acquired 707 shares of Pengana Capital Group stock. The shares were bought at an average cost of A$0.89 ($0.58) per share, with a total value of A$629.23 ($411.26).
• On Friday, March 8th, David Groves bought 29,627 shares of Pengana Capital Group stock. The stock was bought at an average price of A$0.91 ($0.60) per share, with a total value of A$27,049.45 ($17,679.38).

Pengana Capital Group Price Performance

The company has a quick ratio of 2.21, a current ratio of 2.54 and a debt-to-equity ratio of 4.28.

Pengana Capital Group Cuts Dividend

The firm also recently declared a Interim dividend, which was paid on Tuesday, March 19th. Shareholders of record on Tuesday, March 19th were given a $0.01 dividend. The ex-dividend date was Monday, March 4th. This represents a yield of 1%. Pengana Capital Group’s dividend payout ratio is presently -100.00%.

About Pengana Capital Group

Pengana Capital Group is a funds management group specialising in listed equities.