Insider Buying: BSP Financial Group Limited (ASX:BFL) Insider Purchases A$22,989.00 in Stock

BSP Financial Group Limited (ASX:BFL) insider Mark Robinson bought 3,000 shares of BSP Financial Group stock in a transaction dated Tuesday, May 6th. The stock was acquired at an average cost of A$7.66 ($4.91) per share, for a total transaction of A$22,989.00 ($14,736.54).

Mark Robinson also recently made the following trade(s):

• On Friday, May 2nd, Mark Robinson acquired 1,300 shares of BSP Financial Group stock. The stock was bought at an average price of A$19.79 ($12.69) per share, with a total value of A$25,727.00 ($16,491.67).
• On Friday, February 28th, Mark Robinson purchased 1,500 shares of BSP Financial Group stock. The shares were purchased at an average cost of A$7.19 ($4.61) per share, for a total transaction of A$10,785.00 ($6,913.46).

BSP Financial Group Price Performance

The stock has a market capitalization of $8.37 billion, a P/E ratio of 10.88 and a beta of 0.01.

BSP Financial Group Increases Dividend

The business also recently disclosed a Final dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 20th were issued a dividend of $0.401 per share. This represents a dividend yield of 5.27%. This is a positive change from BSP Financial Group’s previous Final dividend of $0.36. The ex-dividend date of this dividend was Sunday, February 23rd. BSP Financial Group’s dividend payout ratio (DPR) is presently 74.67%.

BSP Financial Group Company Profile

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.