Hotel Property Investments (ASX:HPI – Get Free Report) insider John White sold 29,400 shares of the firm’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of A$3.75 ($2.36), for a total transaction of A$110,308.80 ($69,376.60).
Hotel Property Investments Stock Performance
The company has a debt-to-equity ratio of 60.73, a current ratio of 2.33 and a quick ratio of 0.06.
Hotel Property Investments Cuts Dividend
The company also recently announced a Interim dividend, which was paid on Thursday, February 6th. Investors of record on Tuesday, February 6th were issued a dividend of $0.033 per share. This represents a dividend yield of 0.87%. The ex-dividend date was Sunday, December 29th. Hotel Property Investments’s dividend payout ratio (DPR) is 105.56%.
Hotel Property Investments Company Profile
HPI owns a Portfolio of freehold hotels and associated specialty tenancies located throughout Queensland and South Australia. The pubs are leased to the Queensland Venue Company (QVC), a joint venture between Coles group and Australian Venue Company, and to Australian Leisure & Hospitality ("ALH"), a joint venture 75% owned by the Woolworths group.
Featured Articles
- Five stocks we like better than Hotel Property Investments
- What to Know About Investing in Penny Stocks
- MarketBeat Week in Review – 02/03 – 02/07
- Stock Dividend Cuts Happen Are You Ready?
- Meta Platforms Continues to Prove Why It’s a Premier Play on AI
- Energy and Oil Stocks Explained
- IBM’s AI Bet Pays Off—What’s Next for Investors?
Receive News & Ratings for Hotel Property Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hotel Property Investments and related companies with MarketBeat.com's FREE daily email newsletter.
