BSP Financial Group Limited (ASX:BFL) Insider Mark Robinson Acquires 1,500 Shares

BSP Financial Group Limited (ASX:BFL) insider Mark Robinson purchased 1,500 shares of the company’s stock in a transaction dated Friday, February 28th. The shares were purchased at an average cost of A$7.19 ($4.55) per share, for a total transaction of A$10,785.00 ($6,825.95).

BSP Financial Group Stock Performance

The company has a market capitalization of $8.37 billion, a price-to-earnings ratio of 10.88 and a beta of 0.01.

BSP Financial Group Increases Dividend

The firm also recently declared a Final dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th will be given a $0.401 dividend. This represents a dividend yield of 5.27%. The ex-dividend date of this dividend is Sunday, February 23rd. This is a boost from BSP Financial Group’s previous Final dividend of $0.36. BSP Financial Group’s dividend payout ratio is presently 74.67%.

About BSP Financial Group

BSP Financial Group Limited provides commercial banking and finance services to individual and corporate customers in Papua New Guinea, the Solomon Islands, Fiji, the Cook Islands, Samoa, Tonga, Vanuatu, Cambodia, and Laos. The company's products and services include transaction, saving, solicitor's trust, foreign currency, and business cheque accounts, as well as term deposits; personal, home, personal asset, student, bridging, tailored business, commercial and residential property investment, construction development, and seasonal finance loans; debit and credit cards; SME business loans; overdraft, asset financing, insurance premium funding, prioritized loan processing, safety deposit box, and electronic and mobile banking services; and online business banking services.