Insider Buying: Fiducian Group Ltd (ASX:FID) Insider Purchases 5,000 Shares of Stock

by · The Cerbat Gem

Fiducian Group Ltd (ASX:FID – Get Free Report) insider Kerry Skellern purchased 5,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The shares were acquired at an average price of A$8.66 ($5.81) per share, for a total transaction of A$43,290.00 ($29,053.69).

Fiducian Group Price Performance

The company has a debt-to-equity ratio of 5.47, a quick ratio of 1.52 and a current ratio of 2.69.

Fiducian Group Increases Dividend

The company also recently announced a Final dividend, which was paid on Wednesday, September 11th. Investors of record on Wednesday, September 11th were issued a $0.211 dividend. This represents a yield of 2.48%. This is a positive change from Fiducian Group’s previous Final dividend of $0.18. The ex-dividend date was Tuesday, August 27th. Fiducian Group’s dividend payout ratio is currently 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.

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