Insider Buying: Solvar Limited (ASX:SVR) Insider Buys 23,809 Shares of Stock

Solvar Limited (ASX:SVR) insider Stuart Robertson bought 23,809 shares of the stock in a transaction on Tuesday, October 22nd. The stock was acquired at an average cost of A$1.26 ($0.83) per share, for a total transaction of A$29,999.34 ($19,736.41).

Solvar Stock Performance

Solvar Cuts Dividend

The business also recently declared a Final dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 2nd. This represents a yield of 3.95%. Solvar’s dividend payout ratio is 125.00%.

Solvar Company Profile

Solvar Limited provides automotive and personal finance in Australia and New Zealand. The company offers vehicle loans that include loans for new and used cars, motorbikes, utility vehicles, trailers, tractors, trucks, caravan, boats, horse floats, ride on mowers, equipment, and jet skis, as well as secured and unsecured personal loans.