Insider Buying: Abacus Storage King (ASX:ASK) Insider Purchases 64,014 Shares of Stock

Abacus Storage King (ASX:ASKGet Free Report) insider Sally Herman purchased 64,014 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average cost of A$1.17 ($0.73) per share, with a total value of A$75,024.41 ($46,890.26).

Abacus Storage King Stock Performance

Abacus Storage King Increases Dividend

The company also recently declared a Interim dividend, which will be paid on Thursday, February 27th. Investors of record on Thursday, February 27th will be issued a dividend of $0.031 per share. This is a boost from Abacus Storage King’s previous Interim dividend of $0.03. This represents a yield of 2.72%. The ex-dividend date of this dividend is Sunday, December 29th. Abacus Storage King’s dividend payout ratio is currently 54.55%.

About Abacus Storage King

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Abacus Storage King owns, operates, and manages a self-storage operating platform in Australia and New Zealand. The company is based in Sydney, Australia. Abacus Storage King operates as a subsidiary of Abacus Storage Operations Limited.

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