Challenger Limited (ASX:CGF – Get Free Report) insider Duncan West purchased 13,456 shares of the business’s stock in a transaction on Friday, November 1st. The shares were bought at an average price of A$5.94 ($3.93) per share, for a total transaction of A$79,861.36 ($52,888.32).
Challenger Stock Performance
The company has a current ratio of 1.83, a quick ratio of 1.70 and a debt-to-equity ratio of 192.89.
Challenger Increases Dividend
The company also recently declared a Final dividend, which was paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 17th were issued a dividend of $0.135 per share. This represents a yield of 1.87%. The ex-dividend date of this dividend was Sunday, August 25th. This is a boost from Challenger’s previous Final dividend of $0.12. Challenger’s payout ratio is 150.00%.
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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