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 stock in a transaction on 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 announced a Final dividend, which was paid on Sunday, September 29th. Shareholders of record on Sunday, September 29th were paid a $0.33 dividend. This is an increase from Bendigo and Adelaide Bank’s previous Final dividend of $0.32. This represents a yield of 2.74%. The ex-dividend date was Sunday, September 1st. Bendigo and Adelaide Bank’s payout ratio 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.