Insider Buying: Solvar Limited (ASX:SVR) Insider Purchases 23,809 Shares of Stock

Solvar Limited (ASX:SVR) insider Stuart Robertson purchased 23,809 shares of Solvar stock in a transaction that occurred on Tuesday, October 22nd. The shares were bought at an average price of A$1.26 ($0.83) per share, with a total value of A$29,999.34 ($19,736.41).

Solvar Price Performance

Solvar Cuts Dividend

The company also recently declared a Final dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were paid a $0.05 dividend. This represents a dividend yield of 3.95%. The ex-dividend date of this dividend was Monday, September 2nd. Solvar’s dividend payout ratio is presently 125.00%.

About Solvar

Solvar Limited provides automotive and personal finance in Australia and New Zealand. The company offers vehicle loans that include loans for new and used cars, motorbikes, utility vehicles, trailers, tractors, trucks, caravan, boats, horse floats, ride on mowers, equipment, and jet skis, as well as secured and unsecured personal loans.