Fiducian Group Ltd (ASX:FID) Insider Inderjit Singh Buys 90,000 Shares of Stock

Fiducian Group Ltd (ASX:FIDGet Free Report) insider Inderjit Singh bought 90,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The stock was acquired at an average cost of A$6.47 ($4.04) per share, with a total value of A$582,300.00 ($363,937.50).

Fiducian Group Price Performance

The stock has a market cap of $276.69 million, a price-to-earnings ratio of 18.40 and a beta of 0.72. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 5.47.

Fiducian Group Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Sunday, March 16th. Stockholders of record on Sunday, March 16th will be given a $0.219 dividend. This represents a dividend yield of 2.16%. The ex-dividend date is Thursday, February 27th. This is an increase from Fiducian Group’s previous Interim dividend of $0.18. Fiducian Group’s dividend payout ratio (DPR) is 81.25%.

About Fiducian Group

(Get Free Report)

Fiducian Group Ltd, through its subsidiaries, provides financial services in Australia. It operates through Funds Management, Financial Planning, Corporate Services, and Platform Administration segments. The company provides investor directed portfolio and separately managed accounts services; and acts as the trustee of fiducial superannuation services.

Further Reading

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