Insider Buying: MFF Capital Investments Limited (ASX:MFF) Insider Purchases 283,538 Shares of Stock

MFF Capital Investments Limited (ASX:MFF) insider Christopher Mackay acquired 283,538 shares of the stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of A$4.37 ($2.78) per share, for a total transaction of A$1,239,061.06 ($789,210.87).

Christopher Mackay also recently made the following trade(s):

• On Friday, March 7th, Christopher Mackay acquired 172,703 shares of MFF Capital Investments stock. The shares were bought at an average cost of A$4.37 ($2.78) per share, for a total transaction of A$754,712.11 ($480,708.35).

MFF Capital Investments Price Performance

The company has a quick ratio of 4.85, a current ratio of 14.29 and a debt-to-equity ratio of 7.88. The stock has a market cap of $2.81 billion, a P/E ratio of 3.18 and a beta of 0.65.

MFF Capital Investments Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Tuesday, May 13th will be given a $0.08 dividend. The ex-dividend date is Monday, April 21st. This represents a yield of 1.69%. This is an increase from MFF Capital Investments’s previous Interim dividend of $0.06. MFF Capital Investments’s payout ratio is currently 18.18%.

About MFF Capital Investments

MFF Capital Investments Limited is an investment firm manager. The firm is an internally managed listed public company incorporated in Australia. The firm ceased to be externally managed by Magellan Asset Management in 2013. The principal activity of the company is the investment in a minimum of 20 exchange-listed international or Australian companies.