Liberty Financial Group Limited (ASX:LFG) Plans Dividend Increase – $0.17 Per Share

Liberty Financial Group Limited (ASX:LFG) announced a interim dividend on Wednesday, November 27th,MarketIndexAU Dividends reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.17 per share on Thursday, December 12th. This represents a yield of 5.11%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a boost from Liberty Financial Group’s previous interim dividend of $0.12.

Liberty Financial Group Stock Performance

The company has a quick ratio of 0.20, a current ratio of 0.27 and a debt-to-equity ratio of 1,214.15.

Insiders Place Their Bets

In other news, insider Peeyush Gupta purchased 39,000 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The shares were bought at an average cost of A$3.29 ($2.14) per share, for a total transaction of A$128,310.00 ($83,318.18). Company insiders own 80.69% of the company’s stock.

About Liberty Financial Group

Liberty Financial Group Limited engages in the financial services business in Australia and New Zealand. It operates in three segments: Residential Finance, Secured Finance, and Financial Services. The company offers residential and commercial mortgages; motor vehicle, commercial, and self-managed superannuation funds (SMSF) lending services; unsecured and secured personal loans; business, commercial, lease income, residential and commercial SMSF loans, and business lines of credit; and commercial property, home, and car loans.