Hotel Property Investments (HPI) To Go Ex-Dividend on October 29th

Hotel Property Investments (ASX:HPI) announced a interim dividend on Monday, October 21st, MarketIndexAU reports. Shareholders of record on Tuesday, November 19th will be given a dividend of 0.065 per share on Tuesday, November 19th. This represents a yield of 1.86%. The ex-dividend date is Tuesday, October 29th.

Hotel Property Investments Stock Performance

The company has a debt-to-equity ratio of 60.73, a quick ratio of 0.06 and a current ratio of 2.33.

Insider Activity at Hotel Property Investments

In other news, insider Giselle Collins bought 30,000 shares of the business’s stock in a transaction dated Thursday, August 22nd. The stock was purchased at an average cost of A$3.34 ($2.22) per share, with a total value of A$100,110.00 ($66,740.00). In other Hotel Property Investments news, insider Giselle Collins purchased 30,000 shares of Hotel Property Investments stock in a transaction that occurred on Thursday, August 22nd. The stock was bought at an average price of A$3.34 ($2.22) per share, with a total value of A$100,110.00 ($66,740.00). Also, insider John White acquired 14,400 shares of the business’s stock in a transaction dated Wednesday, September 4th. The stock was acquired at an average price of A$3.47 ($2.31) per share, with a total value of A$49,968.00 ($33,312.00). Over the last ninety days, insiders purchased 50,441 shares of company stock worth $171,107. 1.35% of the stock is owned by corporate insiders.

About Hotel Property Investments

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.