Bendigo and Adelaide Bank Limited (ASX:BEN) Insider Richard Fennell Sells 25,000 Shares

Bendigo and Adelaide Bank Limited (ASX:BEN) insider Richard Fennell sold 25,000 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of A$12.58 ($8.28), for a total transaction of A$314,500.00 ($206,907.89).

Bendigo and Adelaide Bank Price Performance

Bendigo and Adelaide Bank Increases Dividend

The business also recently disclosed a Final dividend, which was paid on Sunday, September 29th. Investors of record on Sunday, September 29th were given a dividend of $0.33 per share. The ex-dividend date was Sunday, September 1st. This represents a dividend yield of 2.74%. This is a boost from Bendigo and Adelaide Bank’s previous Final dividend of $0.32. Bendigo and Adelaide Bank’s dividend payout ratio (DPR) is presently 75.86%.

Bendigo and Adelaide Bank Company Profile

Bendigo and Adelaide Bank Limited provides banking and financial products and services to retail customers and small to medium sized businesses in Australia. The company operates through Consumer, Business and Agribusiness, and Corporate segments. It offers a range of products and services, including personal and business banking, financial planning, commercial mortgages and unsecured loans, investment products, insurance, and superannuation.