Lifestyle Communities Limited (ASX:LIC – Get Free Report) insider David Blight acquired 37,190 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was purchased at an average cost of A$8.87 ($5.79) per share, for a total transaction of A$329,689.35 ($215,483.24).
Lifestyle Communities Stock Performance
The company has a quick ratio of 0.03, a current ratio of 0.93 and a debt-to-equity ratio of 39.47.
Lifestyle Communities Cuts Dividend
The business also recently announced a Final dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, October 2nd were issued a $0.05 dividend. This represents a dividend yield of 0.65%. The ex-dividend date was Tuesday, September 3rd. Lifestyle Communities’s payout ratio is 22.22%.
About Lifestyle Communities
Lifestyle Communities Limited, together with its subsidiaries, provides housing for its homeowners in community in Australia. The company operates communities, including 21 in operation and 9 in planning or development. It serves working, semi-retired, and retired people. The company was formerly known as Namberry Limited and changed its name to Lifestyle Communities Limited in June 2007.
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