Edwina Gilbert Acquires 187,000 Shares of Aspen Group (ASX:APZ) Stock

Aspen Group (ASX:APZGet Free Report) insider Edwina Gilbert purchased 187,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The shares were purchased at an average cost of A$2.13 ($1.42) per share, with a total value of A$398,310.00 ($265,540.00).

Aspen Group Price Performance

The company has a debt-to-equity ratio of 46.10, a current ratio of 0.74 and a quick ratio of 0.27.

Aspen Group Dividend Announcement

The business also recently disclosed a Final dividend, which was paid on Thursday, August 29th. Shareholders of record on Thursday, August 29th were issued a $0.043 dividend. The ex-dividend date was Wednesday, June 26th. This represents a yield of 2.44%. Aspen Group’s dividend payout ratio is presently 34.62%.

About Aspen Group

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Aspen is a leading provider of quality accommodation on competitive terms in residential, retirement and park communities. Our core target customer base is the 40% of Australian households that can pay no more than $400 per week in rent or $400,000 purchase price for their housing needs.

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