Ironbark Capital Limited (ASX:IBC – Get Free Report) declared a interim dividend on Wednesday, February 26th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, March 26th will be given a dividend of 0.012 per share on Wednesday, March 26th. This represents a yield of 2.64%. The ex-dividend date is Monday, March 3rd. This is an increase from Ironbark Capital’s previous interim dividend of $0.01.
Ironbark Capital Price Performance
The stock has a market capitalization of $48.23 million, a price-to-earnings ratio of 18.59 and a beta of 0.44.
Insider Activity
In other news, insider Robert (Rob) Lord acquired 98,015 shares of Ironbark Capital stock in a transaction dated Thursday, December 19th. The shares were acquired at an average cost of A$0.47 ($0.30) per share, for a total transaction of A$45,871.02 ($29,217.21). Corporate insiders own 54.08% of the company’s stock.
About Ironbark Capital
Ironbark Capital Limited is an closed-end balanced mutual fund launched and advised by Kaplan Funds Management Pty Ltd. The fund invests in the public equity and fixed income markets of Australia. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in various companies listed on the Australian stock exchanges.
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