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

Bendigo and Adelaide Bank Limited (ASX:BEN) insider Richard Fennell sold 25,000 shares of the firm’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of A$12.58 ($8.12), for a total transaction of A$314,500.00 ($202,903.23).

Bendigo and Adelaide Bank Stock Performance

Bendigo and Adelaide Bank Increases Dividend

The business also recently declared a Final dividend, which was paid on Sunday, September 29th. Investors of record on Sunday, September 29th were paid a $0.33 dividend. This is a positive change from Bendigo and Adelaide Bank’s previous Final dividend of $0.32. The ex-dividend date was Sunday, September 1st. This represents a yield of 2.74%. Bendigo and Adelaide Bank’s payout ratio is currently 75.86%.

About Bendigo and Adelaide Bank

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.