Finbar Group Limited (ASX:FRI) Ken Yew (Ronald) Chan buys 50,000 shares

Ken Yew (Ronald) Chan acquired 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 8th. The shares were purchased at an average cost of $0.85 ($0.57) per share, with a total value of $42,500.00 ($28,716.22).

Ken Yew (Ronald) Chan also recently made the following trades:

• On Thursday, September 26th, Ken Yew (Ronald) Chan acquired 50,000 shares of Finbar Group stock. The stock was bought at an average price of $0.83 ($0.56) per share, for a total transaction of $41,500.00 ($28,040.54).

Finbar Group share performance

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

Finbar Group increases dividend

The company also recently disclosed a final dividend, which was paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th were given a $0.08 dividend. This is an increase from Finbar Group’s previous final dividend of $0.02. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a yield of 8.33%. Finbar Group’s dividend payout ratio (DPR) is 133.33%.

About the Finbar Group

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Finbar Group Limited, together with its subsidiaries, develops and invests in property in Australia. It engages in the development of commercial properties and medium to high density residential buildings, as well as the leasing of its properties. Finbar Group Limited was established in 1984 and is headquartered in East Perth, Australia.

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