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

Fiducian Group Ltd (ASX:FID) insider Inderjit Singh acquired 90,000 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The stock was purchased 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 company has a debt-to-equity ratio of 5.47, a quick ratio of 1.52 and a current ratio of 2.07. The stock has a market cap of $276.69 million, a P/E ratio of 18.40 and a beta of 0.72.

Fiducian Group Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Sunday, March 16th. Stockholders of record on Sunday, March 16th will be paid a dividend of $0.219 per share. This represents a dividend yield of 2.16%. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from Fiducian Group’s previous Interim dividend of $0.18. Fiducian Group’s dividend payout ratio (DPR) is currently 81.25%.

Fiducian Group Company Profile

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.