Insider Buying: Infigen Energy (ASX:IFN) Insider Acquires 295,300 Shares of Stock

Infigen Energy Limited (ASX:IFN) insider Declan Sherman purchased 295,300 shares of Infigen Energy stock in a transaction dated Tuesday, February 24th. The stock was bought at an average price of A$0.37 per share, for a total transaction of A$109,261.00.

Declan Sherman also recently made the following trade(s):

• On Wednesday, February 25th, Declan Sherman purchased 100,000 shares of Infigen Energy stock. The shares were bought at an average cost of A$0.35 per share, for a total transaction of A$35,000.00.
• On Friday, February 27th, Declan Sherman acquired 100,000 shares of Infigen Energy stock. The stock was bought at an average cost of A$0.36 per share, with a total value of A$36,000.00.
• On Thursday, December 11th, Declan Sherman bought 33,770 shares of Infigen Energy stock. The stock was bought at an average price of A$0.76 per share, for a total transaction of A$25,665.20.
• On Friday, December 12th, Declan Sherman bought 36,325 shares of Infigen Energy stock. The shares were bought at an average cost of A$0.79 per share, for a total transaction of A$28,696.75.
• On Monday, December 15th, Declan Sherman purchased 16,629 shares of Infigen Energy stock. The shares were bought at an average price of A$0.79 per share, with a total value of A$13,136.91.
• On Tuesday, December 16th, Declan Sherman purchased 20,746 shares of Infigen Energy stock. The stock was purchased at an average price of A$0.80 per share, with a total value of A$16,596.80.
• On Friday, December 5th, Declan Sherman acquired 11,212 shares of Infigen Energy stock. The shares were purchased at an average cost of A$0.84 per share, for a total transaction of A$9,418.08.
• On Monday, December 8th, Declan Sherman acquired 48,342 shares of Infigen Energy stock. The shares were purchased at an average price of A$0.81 per share, for a total transaction of A$39,157.02.

Infigen Energy Price Performance

The company has a debt-to-equity ratio of 111.00, a quick ratio of 1.78 and a current ratio of 2.10.

Infigen Energy Dividend Announcement

The firm also recently disclosed a Interim dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 26th will be issued a $0.005 dividend. This represents a yield of 96.0%. The ex-dividend date is Wednesday, March 11th. Infigen Energy’s dividend payout ratio (DPR) is 500.00%.

About Infigen Energy

As of October 21, 2020, operates as a subsidiary of Iberdrola Renewables Australia Pty Ltd.