Insider Buying: Abacus Storage King (ASX:ASK) Insider Buys A$75,024.41 in Stock

Abacus Storage King (ASX:ASK) insider Sally Herman acquired 64,014 shares of Abacus Storage King stock in a transaction on Wednesday, December 18th. The shares were purchased at an average cost of A$1.17 ($0.73) per share, for a total transaction of A$75,024.41 ($46,599.01).

Abacus Storage King Price Performance

Abacus Storage King Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Thursday, February 27th. Shareholders of record on Thursday, February 27th will be issued a dividend of $0.031 per share. This is a boost from Abacus Storage King’s previous Interim dividend of $0.03. This represents a yield of 2.72%. The ex-dividend date of this dividend is Sunday, December 29th. Abacus Storage King’s payout ratio is currently 54.55%.

About Abacus Storage King

Abacus Storage King owns, operates, and manages a self-storage operating platform in Australia and New Zealand. The company is based in Sydney, Australia. Abacus Storage King operates as a subsidiary of Abacus Storage Operations Limited.