Ingenia Communities Group (ASX:INA) Insider Shane Gannon Purchases 10,000 Shares of Stock

Ingenia Communities Group (ASX:INA) insider Shane Gannon purchased 10,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were bought at an average cost of A$5.18 ($3.50) per share, for a total transaction of A$51,800.00 ($35,000.00).

Ingenia Communities Group Price Performance

The company has a quick ratio of 0.18, a current ratio of 1.16 and a debt-to-equity ratio of 49.95.

Ingenia Communities Group Increases Dividend

The business also recently declared a Final dividend, which was paid on Wednesday, September 18th. Investors of record on Wednesday, September 18th were issued a dividend of $0.061 per share. The ex-dividend date was Thursday, August 22nd. This is an increase from Ingenia Communities Group’s previous Final dividend of $0.06. This represents a dividend yield of 1.15%. Ingenia Communities Group’s dividend payout ratio (DPR) is currently 400.00%.

About Ingenia Communities Group

Ingenia Communities Group (ASX:INA) is a leading operator, owner and developer offering quality residential communities and holiday accommodation. Listed on the Australian Securities Exchange, the Group is included in the S&P/ASX 200. Across Ingenia Lifestyle, Ingenia Gardens, Ingenia Holidays and Ingenia Rental, the Group's $2.3 billion property portfolio includes 107 communities and development sites and is continuing to grow.