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MA Financial Group Limited (ASX:MAF) Insider Sells A$1,291,875.00 in Stock

Defense World ·  Apr 8, 2023 04:42

MA Financial Group Limited (ASX:MAF – Get Rating) insider Jeffrey Browne sold 331,250 shares of the stock in a transaction dated Friday, March 31st. The stock was sold at an average price of A$3.90 ($2.65), for a total value of A$1,291,875.00 ($878,826.53).

Jeffrey Browne also recently made the following trade(s):

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  • On Wednesday, March 29th, Jeffrey Browne sold 65,517 shares of MA Financial Group stock. The stock was sold at an average price of A$3.90 ($2.65), for a total value of A$255,516.30 ($173,820.61).

MA Financial Group Stock Performance

The company has a debt-to-equity ratio of 245.38, a current ratio of 1.12 and a quick ratio of 1.51.

MA Financial Group Increases Dividend

The company also recently declared a Final dividend, which was paid on Tuesday, March 21st. Shareholders of record on Tuesday, March 21st were issued a dividend of $0.14 per share. This represents a yield of 3.01%. The ex-dividend date of this dividend was Monday, February 27th. This is a boost from MA Financial Group's previous Final dividend of $0.12. MA Financial Group's dividend payout ratio (DPR) is currently 51.85%.

MA Financial Group Company Profile

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MA Financial Group Limited, together with its subsidiaries, provides various financial services. It operates through Asset Management, Lending, and Corporate Advisory and Equity segments. The Asset Management segment manages funds for institutional, high net worth and retail investors, real estate, hospitality, credit, listed equities, private equity, and venture capital.

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