Finbar Group Limited (ASX:FRI) Insider John Chan Acquires 150,000 Shares

Finbar Group Limited (ASX:FRI) insider John Chan bought 150,000 shares of the company’s stock in a transaction on Thursday, October 10th. The shares were acquired at an average price of A$0.87 ($0.58) per share, with a total value of A$130,200.00 ($87,382.55).

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

• On Wednesday, October 2nd, John Chan acquired 50,000 shares of Finbar Group stock. The shares were acquired at an average cost of A$0.83 ($0.56) per share, with a total value of A$41,500.00 ($27,852.35).
• On Monday, September 30th, John Chan bought 50,000 shares of Finbar Group stock. The shares were bought at an average price of A$0.85 ($0.57) per share, for a total transaction of A$42,400.00 ($28,456.38).
• On Friday, August 23rd, John Chan acquired 100,000 shares of Finbar Group stock. The shares were bought at an average cost of A$0.96 ($0.64) per share, for a total transaction of A$95,900.00 ($64,362.42).

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 company also recently disclosed a Final dividend, which was paid on Wednesday, October 9th. Stockholders of record on Wednesday, October 9th were given a $0.08 dividend. This represents a dividend yield of 8.33%. The ex-dividend date of this dividend was Tuesday, September 10th. This is a positive change 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.