Insider Buying: Finbar Group Limited (ASX:FRI) Insider Buys A$42,400.00 in Stock

Finbar Group Limited (ASX:FRI) insider John Chan acquired 50,000 shares of the business’s stock in a transaction that occurred on Monday, September 30th. The shares were purchased at an average price of A$0.85 ($0.58) per share, with a total value of A$42,400.00 ($29,241.38).

John Chan also recently made the following trade(s):

• On Wednesday, October 2nd, John Chan bought 50,000 shares of Finbar Group stock. 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 ($28,620.69).
• On Friday, August 23rd, John Chan purchased 100,000 shares of Finbar Group stock. The shares were purchased at an average price of A$0.96 ($0.66) per share, with a total value of A$95,900.00 ($66,137.93).

Finbar Group Price Performance

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

Finbar Group Increases Dividend

The firm also recently declared a Final dividend, which will be paid on Wednesday, October 9th. Stockholders of record on Wednesday, October 9th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a dividend yield of 8.33%. This is an increase from Finbar Group’s previous Final dividend of $0.02. Finbar Group’s dividend payout ratio (DPR) is currently 133.33%.

About Finbar Group

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.