Christopher Mackay Purchases 283,538 Shares of MFF Capital Investments Limited (ASX:MFF) Stock

MFF Capital Investments Limited (ASX:MFF) insider Christopher Mackay acquired 283,538 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was purchased at an average price of A$4.37 ($2.78) per share, for a total transaction of A$1,239,061.06 ($789,210.87).

Christopher Mackay also recently made the following trade(s):

• On Friday, March 7th, Christopher Mackay bought 172,703 shares of MFF Capital Investments stock. The shares were bought at an average cost of A$4.37 ($2.78) per share, for a total transaction of A$754,712.11 ($480,708.35).

MFF Capital Investments Stock Performance

The company has a market cap of $2.81 billion, a price-to-earnings ratio of 3.18 and a beta of 0.65. The company has a debt-to-equity ratio of 7.88, a quick ratio of 4.85 and a current ratio of 14.29.

MFF Capital Investments Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Tuesday, May 13th will be paid a dividend of $0.08 per share. This is a positive change from MFF Capital Investments’s previous Interim dividend of $0.06. The ex-dividend date of this dividend is Monday, April 21st. This represents a dividend yield of 1.69%. MFF Capital Investments’s payout ratio is presently 18.18%.

MFF Capital Investments Company Profile

MFF Capital Investments Limited is an investment firm manager. The firm is an internally managed listed public company incorporated in Australia. The firm ceased to be externally managed by Magellan Asset Management in 2013. The principal activity of the company is the investment in a minimum of 20 exchange-listed international or Australian companies.