Mark Robinson Purchases 1,300 Shares of BSP Financial Group Limited (ASX:BFL) Stock

BSP Financial Group Limited (ASX:BFL) insider Mark Robinson purchased 1,300 shares of the firm’s stock in a transaction that occurred on Friday, May 2nd. The shares were acquired at an average price of A$19.79 ($12.69) per share, with a total value of A$25,727.00 ($16,491.67).

Mark Robinson also recently made the following trade(s):

• On Friday, February 28th, Mark Robinson purchased 1,500 shares of BSP Financial Group stock. The shares were bought at an average cost of A$7.19 ($4.61) per share, for a total transaction of A$10,785.00 ($6,913.46).

BSP Financial Group Price Performance

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

BSP Financial Group Increases Dividend

The company also recently disclosed a Final dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th were given a dividend of $0.401 per share. The ex-dividend date of this dividend was Sunday, February 23rd. This represents a yield of 5.27%. This is an increase from BSP Financial Group’s previous Final dividend of $0.36. BSP Financial Group’s dividend payout ratio is presently 74.67%.

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.