BSP Financial Group Limited (ASX:BFL) Announces Dividend Increase – $0.40 Per Share

BSP Financial Group Limited (ASX:BFL) announced a final dividend on Thursday, February 20th, MarketIndexAU Dividends reports. Stockholders of record on Thursday, March 20th will be given a dividend of 0.401 per share on Thursday, March 20th. This represents a dividend yield of 5.27%. The ex-dividend date of this dividend is Sunday, February 23rd. This is a positive change from BSP Financial Group’s previous final dividend of $0.36.

BSP Financial Group Stock Performance

The company has a market capitalization of $8.37 billion, a PE ratio of 10.88 and a beta of 0.01.

About BSP Financial Group

BSP Financial Group Limited provides commercial banking and finance services to individual and corporate customers in Papua New Guinea, the Solomon Islands, Fiji, the Cook Islands, Samoa, Tonga, Vanuatu, Cambodia, and Laos. The company's products and services include transaction, saving, solicitor's trust, foreign currency, and business cheque accounts, as well as term deposits; personal, home, personal asset, student, bridging, tailored business, commercial and residential property investment, construction development, and seasonal finance loans; debit and credit cards; SME business loans; overdraft, asset financing, insurance premium funding, prioritized loan processing, safety deposit box, and electronic and mobile banking services; and online business banking services.