BSP Financial Group Limited (ASX:BFL) Insider Buys A$10,963.00 in Stock

BSP Financial Group Limited (ASX:BFL) insider Patricia Taureka-Seruvatu bought 500 shares of BSP Financial Group stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average price of A$21.93 ($13.88) per share, with a total value of A$10,963.00 ($6,938.61).

BSP Financial Group Price Performance

The firm has a market capitalization of $8.37 billion, a price-to-earnings ratio of 10.88 and a beta of 0.01.

BSP Financial Group Increases Dividend

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

BSP Financial Group Company Profile

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.