Insider Selling: Steadfast Group Limited (ASX:SDF) Insider Sells A$1,059,156.54 in Stock

Steadfast Group Limited (ASX:SDF) insider Robert Kelly sold 187,395 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of A$5.65 ($3.67), for a total transaction of A$1,059,156.54 ($687,763.99).

Robert Kelly also recently made the following trade(s):

• On Wednesday, November 13th, Robert Kelly sold 49,383 shares of Steadfast Group stock. The stock was sold at an average price of A$5.70 ($3.70), for a total value of A$281,532.48 ($182,813.30).

Steadfast Group Stock Performance

The company has a current ratio of 1.47, a quick ratio of 0.97 and a debt-to-equity ratio of 50.48.

Steadfast Group Increases Dividend

The firm also recently declared a Final dividend, which was paid on Monday, September 23rd. Investors of record on Monday, September 23rd were issued a $0.103 dividend. This represents a yield of 1.6%. The ex-dividend date of this dividend was Monday, September 2nd. This is an increase from Steadfast Group’s previous Final dividend of $0.09. Steadfast Group’s dividend payout ratio is 80.95%.

About Steadfast Group

Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe. It also offers insurance underwriting services and related services. The company provides various business insurance products, such as aviation, business pack and interruption, contract works, corporate travel, cyber, events, farm, marine, management and product liability, professional indemnity, public liability, trade credit, and workers' compensation insurance.