Finbar Group Limited (ASX:FRI) Insider Acquires A$42,400.00 in Stock

Finbar Group Limited (ASX:FRI) insider John Chan bought 50,000 shares of the company’s stock in a transaction dated Monday, September 30th. The stock was bought 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 shares were purchased at an average price of A$0.96 ($0.66) per share, with a total value of A$95,900.00 ($66,137.93).

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

About Finbar Group

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.