Frank Ganis Purchases 100,000 Shares of N1 Holdings Limited (ASX:N1H) Stock

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

N1 Price Performance

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

N1 Increases Dividend

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

About N1

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.