Aspen Group (ASX:APZ) Raises Dividend to $0.05 Per Share

Aspen Group (ASX:APZGet Free Report) declared a interim dividend on Friday, December 20th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, February 27th will be given a dividend of 0.05 per share on Thursday, February 27th. This represents a dividend yield of 2.03%. The ex-dividend date of this dividend is Sunday, December 29th. This is a positive change from Aspen Group’s previous interim dividend of $0.04.

Aspen Group Price Performance

The company has a quick ratio of 0.27, a current ratio of 0.74 and a debt-to-equity ratio of 46.10.

Insider Activity

In related news, insider John Freedman acquired 20,247 shares of the stock in a transaction dated Monday, November 18th. The shares were purchased at an average price of A$2.43 ($1.52) per share, for a total transaction of A$49,260.95 ($30,788.09). Corporate insiders own 16.76% of the company’s stock.

About Aspen Group

(Get Free Report)

Aspen is a leading provider of quality accommodation on competitive terms in residential, retirement and park communities. Our core target customer base is the 40% of Australian households that can pay no more than $400 per week in rent or $400,000 purchase price for their housing needs.

Featured Stories

Dividend History for Aspen Group (ASX:APZ)

Receive News & Ratings for Aspen Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Group and related companies with MarketBeat.com's FREE daily email newsletter.