Insider Buying: BSP Financial Group (ASX:BFL) Insider Purchases A$31,696.00 in Stock

BSP Financial Group Limited (ASX:BFL) insider Mark Robinson purchased 4,000 shares of the business’s stock in a transaction on Thursday, February 26th. The stock was bought at an average cost of A$7.92 per share, for a total transaction of A$31,696.00.

BSP Financial Group Stock Performance

The stock has a market capitalization of $11.73 billion, a PE ratio of 9.83 and a beta of 0.01.

BSP Financial Group Announces Dividend

The company also recently announced a Final dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 26th will be issued a dividend of $0.371 per share. This represents a yield of 427.0%. The ex-dividend date is Wednesday, February 25th. BSP Financial Group’s dividend payout ratio is 247.24%.

About BSP Financial Group

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.