Insider Selling: Prime Financial Group (ASX:PFG) Insider Sells 200,000 Shares of Stock

Prime Financial Group Limited (ASX:PFG) insider Tim Bennett sold 200,000 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of A$0.24, for a total value of A$47,000.00.

Prime Financial Group Stock Performance

The company has a debt-to-equity ratio of 28.26, a current ratio of 1.47 and a quick ratio of 1.30. The stock has a market cap of $59.62 million, a price-to-earnings ratio of 17.14 and a beta of 0.55.

Prime Financial Group Dividend Announcement

The company also recently declared a Final dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 24th were issued a dividend of $0.009 per share. The ex-dividend date of this dividend was Monday, September 1st. This represents a yield of 342.0%. Prime Financial Group’s payout ratio is currently 200.00%.

About Prime Financial Group

Prime Financial Group Limited provides wealth management, self-managed superannuation fund (SMSF), accounting and business, capital, and corporate advisory services in Australia. The company offers accounting and business advisory services, such as accounting and tax compliance, business growth advisory and strategy, outsourced CFO and accounting, grants and R&D tax incentives, and innovation and commercialization advice; and capital and corporate advisory services comprising merger and acquisition transactions, capital raising, debt equity markets, and corporate development.