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

Solvar Limited (ASX:SVR) insider Stuart Robertson acquired 23,809 shares of the business’s stock in a transaction on Tuesday, October 22nd. The shares were 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 disclosed a Final dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, September 2nd. This represents a yield of 3.95%. Solvar’s dividend payout ratio is 125.00%.

Solvar Company Profile

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.