BSP Financial Group Limited (ASX:BFL) Insider Mark Robinson Acquires 1,500 Shares of Stock

BSP Financial Group Limited (ASX:BFLGet Free Report) insider Mark Robinson acquired 1,500 shares of the stock in a transaction dated Friday, February 28th. The stock was acquired at an average cost of A$7.19 ($4.55) per share, with a total value of A$10,785.00 ($6,825.95).

BSP Financial Group Price Performance

The stock has a market capitalization of $8.37 billion, a price-to-earnings ratio of 10.88 and a beta of 0.01.

BSP Financial Group Increases Dividend

The company also recently announced a Final dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be given a $0.401 dividend. This represents a yield of 5.27%. This is a positive change from BSP Financial Group’s previous Final dividend of $0.36. The ex-dividend date is Sunday, February 23rd. BSP Financial Group’s payout ratio is presently 74.67%.

About BSP Financial Group

(Get Free Report)

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.

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