Ironbark Capital Limited (ASX:IBC – Get Free Report) announced a interim dividend on Wednesday, February 26th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.012 per share on Wednesday, March 26th. This represents a dividend yield of 2.64%. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Ironbark Capital’s previous interim dividend of $0.01.
Ironbark Capital Stock Performance
The firm has a market cap of $48.23 million, a P/E ratio of 18.59 and a beta of 0.44.
Insider Activity
In other news, insider Robert (Rob) Lord bought 98,015 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The shares were bought at an average cost of A$0.47 ($0.29) per share, with a total value of A$45,871.02 ($28,669.39). Corporate insiders own 54.08% of the company’s stock.
About Ironbark Capital
Ironbark Capital Limited is an closed-end balanced mutual fund launched and advised by Kaplan Funds Management Pty Ltd. The fund invests in the public equity and fixed income markets of Australia. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in various companies listed on the Australian stock exchanges.
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