MyState Limited (ASX:MYS – Get Free Report) insider Brett Morgan acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average cost of A$3.91 ($2.46) per share, for a total transaction of A$19,550.00 ($12,295.60).
MyState Stock Performance
The stock has a market capitalization of $509.23 million, a price-to-earnings ratio of 14.37, a P/E/G ratio of 2.66 and a beta of 0.99.
MyState Cuts Dividend
The business also recently announced a Interim dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be issued a $0.105 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a yield of 2.43%. MyState’s dividend payout ratio is currently 82.14%.
About MyState
MyState Limited, through its subsidiaries, provides banking, trustee, and managed fund products and services in Australia. The company operates through Banking and Wealth Management segments. It offers personal and commercial lending, mortgage lending, savings and investment, and insurance products; and wealth management services.
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