Teaminvest Private Group Limited (ASX:TIP) Announces Dividend Increase – $0.02 Per Share

Teaminvest Private Group Limited (ASX:TIP) announced a final dividend on Thursday, September 19th, MarketIndexAU reports. Shareholders of record on Wednesday, October 2nd will be given a dividend of 0.015 per share on Wednesday, October 2nd. This represents a dividend yield of 1.15%. The ex-dividend date is Tuesday, September 24th. This is a boost from Teaminvest Private Group’s previous final dividend of $0.003.

Teaminvest Private Group Stock Performance

The company has a current ratio of 1.43, a quick ratio of 0.91 and a debt-to-equity ratio of 26.09.

Insider Activity

In other news, insider Howard Coleman acquired 40,000 shares of Teaminvest Private Group stock in a transaction dated Friday, August 30th. The shares were purchased at an average cost of A$1.26 ($0.85) per share, for a total transaction of A$50,200.00 ($33,918.92). Corporate insiders own 15.43% of the company’s stock.

About Teaminvest Private Group

Teaminvest Private Group Limited is a private equity firm specializing in middle market and mature companies providing buyout and growth capital transactions. It also makes fund of fund investments in private equity funds, small and medium-sized companies. The firm invests in energy, materials, industrials, consumer discretionary, consumer staples, healthcare, financials, information technology and communication services industries.