Finbar Group Limited (ASX:FRI) Insider Acquires A$42,500.00 in Stock

Finbar Group Limited (ASX:FRI) insider Ken Yew (Ronald) Chan acquired 50,000 shares of the stock in a transaction that occurred on Tuesday, October 8th. The shares were bought at an average cost of A$0.85 ($0.57) per share, with a total value of A$42,500.00 ($28,716.22).

Ken Yew (Ronald) Chan also recently made the following trade(s):

• On Thursday, September 26th, Ken Yew (Ronald) Chan purchased 50,000 shares of Finbar Group stock. The shares were purchased at an average price of A$0.83 ($0.56) per share, for a total transaction of A$41,500.00 ($28,040.54).

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 company also recently announced a Final dividend, which was paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th were given a $0.08 dividend. This is an increase from Finbar Group’s previous Final dividend of $0.02. This represents a yield of 8.33%. The ex-dividend date of this dividend was Tuesday, September 10th. Finbar Group’s payout ratio is currently 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.