Insider Buying: N1 Holdings Limited (ASX:N1H) Insider Buys 100,000 Shares of Stock

N1 Holdings Limited (ASX:N1H) insider Frank Ganis bought 100,000 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were bought at an average price of A$0.13 ($0.08) per share, for a total transaction of A$12,500.00 ($8,223.68).

N1 Stock Performance

The company has a debt-to-equity ratio of 6,407.75, a quick ratio of 0.60 and a current ratio of 3.59.

N1 Increases Dividend

The business also recently announced a Final dividend, which will be paid on Sunday, December 1st. Shareholders of record on Sunday, December 1st will be given a dividend of $0.003 per share. The ex-dividend date is Thursday, November 21st. This represents a yield of 2.64%. This is a boost from N1’s previous Final dividend of $0.00.

N1 Company Profile

N1 Holdings Limited, a property-backed private credit lending company, engages in the provision of property financing, and mortgage management and broking services to customers in Australia. It operates through four segments: Financial Services, Real Estate Services, Migration Services and Other. The company offers direct lending and private credit for the purpose of bridging finance, purchase and urgent settlement, renovation of business premises, working capital, business expansion, equipment acquisition and/or upgrade, debt consolidation, equity release for business, and external administration/receivership for small and medium enterprises.