Finbar Group Limited (ASX:FRI) Insider Purchases A$41,500.00 in Stock

Finbar Group Limited (ASX:FRI) insider John Chan purchased 50,000 shares of Finbar Group stock in a transaction dated Wednesday, October 2nd. The stock was acquired at an average price of A$0.83 ($0.57) per share, for a total transaction of A$41,500.00 ($28,620.69).

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

• On Monday, September 30th, John Chan acquired 50,000 shares of Finbar Group stock. The stock was acquired at an average cost of A$0.85 ($0.58) per share, for a total transaction of A$42,400.00 ($29,241.38).
• On Friday, August 23rd, John Chan bought 100,000 shares of Finbar Group stock. The shares were bought at an average cost 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 current ratio of 1.37, a quick ratio of 1.11 and a debt-to-equity ratio of 151.57.

Finbar Group Increases Dividend

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

Finbar Group Company Profile

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.