Generation Development Group (ASX:GDG) Insider Purchases A$23,350.00 in Stock

Generation Development Group Limited (ASX:GDG) insider Giselle Collins bought 5,000 shares of Generation Development Group stock in a transaction dated Friday, February 27th. The stock was purchased at an average price of A$4.67 per share, with a total value of A$23,350.00.

Generation Development Group Stock Performance

The firm has a market cap of $1.76 billion, a P/E ratio of -52.01, a PEG ratio of 1.31 and a beta of 0.50.

Generation Development Group Dividend Announcement

The company also recently disclosed a Interim dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st will be paid a $0.01 dividend. The ex-dividend date is Monday, March 9th. This represents a yield of 21.0%. Generation Development Group’s dividend payout ratio (DPR) is 66.67%.

Generation Development Group Company Profile

Generation Development Group Limited engages in the marketing and management of life insurance and life investment products and services in Australia. The company operates in two segments, Benefit Funds Management and Funds Administration, and Other Business. It also provides administration and management services to the Benefit Funds of Generation Life Limited, as well as administration services to institutional clients. The company was formerly known as Austock Group Limited and changed its name to Generation Development Group Limited in March 2018.