BSP Financial Group Limited (ASX:BFL) Insider Stephen Beach Purchases 1,200 Shares of Stock

BSP Financial Group Limited (ASX:BFLGet Free Report) insider Stephen Beach bought 1,200 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was acquired at an average price of A$21.43 ($13.56) per share, for a total transaction of A$25,711.20 ($16,272.91).

BSP Financial Group Stock Performance

The stock has a market cap of $8.37 billion, a PE ratio of 10.88 and a beta of 0.01.

BSP Financial Group Increases Dividend

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

About BSP Financial Group

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for BSP Financial Group (ASX:BFL)

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