BSP Financial Group Limited (ASX:BFL – Get Free Report) insider Stephen Beach bought 1,200 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was bought at an average price of A$21.43 ($13.56) per share, for a total transaction of A$25,711.20 ($16,272.91).
BSP Financial Group Stock Performance
The stock 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 company also recently disclosed a Final dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th will be given a dividend of $0.401 per share. This represents a dividend yield of 5.27%. This is an increase from BSP Financial Group’s previous Final dividend of $0.36. The ex-dividend date is Sunday, February 23rd. BSP Financial Group’s dividend payout ratio (DPR) 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.
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