Insider Buying: Spheria Emerging Companies Limited (ASX:SEC) Insider Purchases 50,000 Shares of Stock

Spheria Emerging Companies Limited (ASX:SEC) insider Matthew (Matt) Booker bought 50,000 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was purchased at an average cost of A$2.13 ($1.38) per share, with a total value of A$106,500.00 ($69,155.84).

Matthew (Matt) Booker also recently made the following trade(s):

• On Wednesday, June 5th, Matthew (Matt) Booker acquired 50,000 shares of Spheria Emerging Companies stock. The shares were acquired at an average price of A$2.17 ($1.41) per share, for a total transaction of A$108,450.00 ($70,422.08).

Spheria Emerging Companies Stock Performance

Spheria Emerging Companies Increases Dividend

The business also recently disclosed a Final dividend, which will be paid on Monday, August 12th. Shareholders of record on Monday, August 12th will be paid a dividend of $0.034 per share. The ex-dividend date is Monday, July 22nd. This is a boost from Spheria Emerging Companies’s previous Final dividend of $0.03. This represents a yield of 1.52%. Spheria Emerging Companies’s dividend payout ratio (DPR) is 52.17%.

About Spheria Emerging Companies

Spheria Emerging Companies Limited operates as an investment company in Australia. It provides investors with access to a managed portfolio of Australian small-cap securities, as well as New Zealand small and micro-cap companies portfolio. The company was incorporated in 2017 and is based in Sydney, Australia.