Insider Buying: Macquarie Group Limited (ASX:MQG) Insider Buys 1,250 Shares of Stock

Macquarie Group Limited (ASX:MQG) insider Susan Lloyd-Hurwitz acquired 1,250 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The shares were acquired at an average cost of A$208.26 ($133.50) per share, for a total transaction of A$260,325.00 ($166,875.00).

Macquarie Group Stock Performance

The firm has a market capitalization of $85.98 billion, a P/E ratio of 23.62, a PEG ratio of -1.95 and a beta of 1.12.

Macquarie Group Increases Dividend

The business also recently disclosed a Final dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, July 1st will be paid a dividend of $3.90 per share. This is an increase from Macquarie Group’s previous Final dividend of $3.85. This represents a dividend yield of 1.88%. The ex-dividend date of this dividend is Sunday, May 18th. Macquarie Group’s payout ratio is presently 64.21%.

Macquarie Group Company Profile

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.