Finbar Group Limited (ASX:FRI) Insider Buys A$42,500.00 in Stock

Finbar Group Limited (ASX:FRI) insider Ken Yew (Ronald) Chan acquired 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 8th. The stock was purchased at an average price of A$0.85 ($0.57) per share, for a total transaction of A$42,500.00 ($28,716.22).

Ken Yew (Ronald) Chan also recently made the following trade(s):

• On Thursday, September 26th, Ken Yew (Ronald) Chan purchased 50,000 shares of Finbar Group stock. The stock was purchased at an average price of A$0.83 ($0.56) per share, for a total transaction of A$41,500.00 ($28,040.54).

Finbar Group Stock Performance

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

Finbar Group Increases Dividend

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