Insider Buying: Finbar Group Limited (ASX:FRI) Insider Purchases A$41,500.00 in Stock

Finbar Group Limited (ASX:FRI) insider Ken Yew (Ronald) Chan purchased 50,000 shares of Finbar Group stock in a transaction that occurred on Thursday, September 26th. The stock was purchased at an average cost of A$0.83 ($0.57) per share, for a total transaction of A$41,500.00 ($28,424.66).

Finbar Group Price Performance

The company has a current ratio of 1.37, a quick ratio of 1.11 and a debt-to-equity ratio of 151.57.

Finbar Group Increases Dividend

The firm also recently disclosed a Final dividend, which will be paid on Wednesday, October 9th. Investors of record on Wednesday, October 9th will be paid a dividend of $0.08 per share. The ex-dividend date is Tuesday, September 10th. This represents a yield of 8.33%. This is a positive change from Finbar Group’s previous Final dividend of $0.02. Finbar Group’s payout ratio is presently 133.33%.

Finbar Group Company Profile

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.