Nicola Roxon Buys 2,500 Shares of Lifestyle Communities Limited (ASX:LIC) Stock

Lifestyle Communities Limited (ASX:LIC) insider Nicola Roxon bought 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was purchased at an average cost of A$6.70 ($4.75) per share, with a total value of A$16,747.50 ($11,877.66).

ASX:LIC opened at A$5.72 ($4.06) on Thursday. Lifestyle Communities Limited has a 1-year low of A$5.02 ($3.56) and a 1-year high of A$9.87 ($7.00). The company has a current ratio of 1.61, a quick ratio of 0.15 and a debt-to-equity ratio of 48.98. The firm has a fifty day simple moving average of A$8.10 and a 200 day simple moving average of A$8.29. The stock has a market capitalization of $598.00 million and a PE ratio of 12.38.

The company also recently announced a Interim dividend, which will be paid on Friday, April 3rd. Investors of record on Friday, April 3rd will be paid a $0.03 dividend. The ex-dividend date is Thursday, March 5th. This is a boost from Lifestyle Communities’s previous Interim dividend of $0.03. This represents a dividend yield of 0.33%. Lifestyle Communities’s dividend payout ratio (DPR) is currently 12.99%.

About Lifestyle Communities

Lifestyle Communities Limited, together with its subsidiaries, develops and manages affordable communities for homeowners in Australia. The company was founded in 2003 and is based in South Melbourne, Australia.

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