Insider Buying: MA Financial Group Limited (ASX:MAF) Insider Acquires A$88,000.00 in Stock

MA Financial Group Limited (ASX:MAF – Get Rating) insider Simon Kelly bought 20,000 shares of MA Financial Group stock in a transaction on Monday, March 13th. The stock was acquired at an average cost of A$4.40 ($2.93) per share, for a total transaction of A$88,000.00 ($58,666.67).

MA Financial Group Stock Performance

The company has a debt-to-equity ratio of 245.38, a quick ratio of 1.51 and a current ratio of 1.12.

MA Financial Group Increases Dividend

The company also recently declared a Final dividend, which will be paid on Tuesday, March 21st. Stockholders of record on Tuesday, March 21st will be paid a $0.14 dividend. This represents a dividend yield of 3.01%. This is a boost from MA Financial Group’s previous Final dividend of $0.12. The ex-dividend date is Monday, February 27th. MA Financial Group’s dividend payout ratio is presently 53.85%.

About MA Financial Group

(Get Rating)

MA Financial Group Limited, together with its subsidiaries, provides various financial services. It operates through Asset Management, Lending, and Corporate Advisory and Equity segments. The Asset Management segment manages funds for institutional, high net worth and retail investors, real estate, hospitality, credit, listed equities, private equity, and venture capital.