Solvar Limited (ASX:SVR – Get Free Report) insider Stuart Robertson acquired 44,776 shares of Solvar stock in a transaction that occurred on Monday, April 7th. The shares were purchased at an average price of A$1.32 ($0.81) per share, for a total transaction of A$59,104.32 ($36,484.15).
Solvar Price Performance
The firm has a market cap of $277.64 million, a P/E ratio of 16.75 and a beta of 1.70.
Solvar Increases Dividend
The firm also recently disclosed a Interim dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, April 2nd were given a dividend of $0.06 per share. The ex-dividend date was Monday, March 3rd. This is a positive change from Solvar’s previous Interim dividend of $0.05. This represents a yield of 4.17%. Solvar’s dividend payout ratio (DPR) is presently 125.00%.
About Solvar
Solvar Limited provides automotive and personal finance in Australia and New Zealand. The company offers vehicle loans that include loans for new and used cars, motorbikes, utility vehicles, trailers, tractors, trucks, caravan, boats, horse floats, ride on mowers, equipment, and jet skis, as well as secured and unsecured personal loans.
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