Finbar Group Limited (ASX:FRI) Insider Ken Yew (Ronald) Chan Purchases 50,000 Shares

Finbar Group Limited (ASX:FRIGet Free Report) insider Ken Yew (Ronald) Chan purchased 50,000 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was purchased at an average price of A$0.83 ($0.57) per share, for a total transaction of A$41,500.00 ($28,424.66).

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

Finbar Group Company Profile

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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.

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