Ingenia Communities Group (ASX:INA) Insider Simon Shakesheff Purchases 6,000 Shares

Ingenia Communities Group (ASX:INA) insider Simon Shakesheff purchased 6,000 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was bought at an average cost of A$5.24 ($3.54) per share, with a total value of A$31,440.00 ($21,243.24).

Simon Shakesheff also recently made the following trade(s):

• On Monday, August 26th, Simon Shakesheff bought 3,000 shares of Ingenia Communities Group stock. The shares were acquired at an average cost of A$5.29 ($3.57) per share, with a total value of A$15,870.00 ($10,722.97).

Ingenia Communities Group Price Performance

The company has a debt-to-equity ratio of 43.71, a quick ratio of 0.18 and a current ratio of 1.19.

Ingenia Communities Group Increases Dividend

The company also recently declared a Final dividend, which will be paid on Wednesday, September 18th. Stockholders of record on Wednesday, September 18th will be issued a dividend of $0.061 per share. This is a boost from Ingenia Communities Group’s previous Final dividend of $0.06. This represents a dividend yield of 1.15%. The ex-dividend date is Thursday, August 22nd. Ingenia Communities Group’s payout ratio is 61.11%.

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.