John Chan Acquires 50,000 Shares of Finbar Group Limited (ASX:FRI) Stock

Finbar Group Limited (ASX:FRI) insider John Chan purchased 50,000 shares of the business’s stock in a transaction dated Monday, September 30th. The shares were purchased at an average cost of A$0.85 ($0.58) per share, with a total value of A$42,400.00 ($29,241.38).

John Chan also recently made the following trade(s):

• On Friday, August 23rd, John Chan acquired 100,000 shares of Finbar Group stock. The stock was bought at an average cost of A$0.96 ($0.66) per share, with a total value of A$95,900.00 ($66,137.93).

Finbar Group Stock Performance

The company has a quick ratio of 1.11, a current ratio of 1.37 and a debt-to-equity ratio of 151.57.

Finbar Group Increases Dividend

The firm also recently declared a Final dividend, which will be paid on Wednesday, October 9th. Investors of record on Wednesday, October 9th will be paid a dividend of $0.08 per share. This is a boost from Finbar Group’s previous Final dividend of $0.02. This represents a dividend yield of 8.33%. The ex-dividend date of this dividend is Tuesday, September 10th. Finbar Group’s dividend payout ratio is presently 133.33%.

Finbar Group Company Profile

Finbar Group Limited, together with its subsidiaries, develops and invests in properties in Australia. It engages in the development of commercial properties and medium to high density residential buildings, as well as rents its properties. Finbar Group Limited was incorporated in 1984 and is based in East Perth, Australia.