Stuart Robertson Acquires 23,809 Shares of Solvar Limited (ASX:SVR) Stock

Solvar Limited (ASX:SVR) insider Stuart Robertson acquired 23,809 shares of the stock in a transaction dated Tuesday, October 22nd. The stock was bought at an average cost 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 announced 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 was Monday, September 2nd. Solvar’s dividend payout ratio is currently 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.