Credit Corp Group Limited to Issue Final Dividend of $0.36 (ASX:CCP)

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Credit Corp Group Limited (ASX:CCP) declared a final dividend on Tuesday, July 30th, MarketIndexAU reports. Investors of record on Friday, August 30th will be given a dividend of 0.36 per share on Friday, August 30th. This represents a yield of 1.39%. The ex-dividend date is Monday, August 19th.

CCP opened at A$27.27 ($19.34) on Friday. The company has a fifty day moving average price of A$26.06 and a 200-day moving average price of A$24.02. The firm has a market capitalization of $1.50 billion and a P/E ratio of 19.31. The company has a debt-to-equity ratio of 30.78, a current ratio of 4.96 and a quick ratio of 4.88. Credit Corp Group has a one year low of A$17.71 ($12.56) and a one year high of A$28.20 ($20.00).

In other news, insider Donald (Don) McLay sold 30,000 shares of the business’s stock in a transaction on Friday, May 31st. The shares were sold at an average price of A$25.09 ($17.80), for a total transaction of A$752,820.00 ($533,914.89). Insiders have sold a total of 45,000 shares of company stock valued at $1,108,720 over the last 90 days.

About Credit Corp Group

Credit Corp Group Limited provides debt purchase and collection, and consumer lending services in Australia and the United States. It operates through three segments: Debt Ledger Purchasing (Australia), Debt Ledger Purchasing (United States), and Consumer Lending. The company offers debt sale, contingency/agency collection, hardship and insolvency management, and local government debt recovery services, as well as various loan products.

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