Scott Baldwin Purchases 300,000 Shares of Money3 Co. Limited (ASX:MNY) Stock

Money3 Co. Limited (ASX:MNYGet Rating) insider Scott Baldwin acquired 300,000 shares of the business’s stock in a transaction dated Wednesday, April 13th. The stock was purchased at an average price of A$2.50 ($1.84) per share, with a total value of A$750,000.00 ($551,470.59).

The company has a current ratio of 5.34, a quick ratio of 5.25 and a debt-to-equity ratio of 115.26.

The business also recently announced a Interim dividend, which will be paid on Thursday, April 28th. Stockholders of record on Thursday, April 28th will be issued a dividend of $0.06 per share. This represents a dividend yield of 2.03%. This is an increase from Money3’s previous Interim dividend of $0.03. The ex-dividend date of this dividend is Tuesday, March 15th. Money3’s dividend payout ratio is currently 61.03%.

Money3 Company Profile (Get Rating)

Money3 Corporation Limited provides secured automotive loans in Australia and New Zealand. The company offers vehicle loans that include loans for new and used cars, motorbikes, campervans, vans, minibuses, caravans, trailers, boats, jet skis, trucks, ride on mowers, and tractors. It also provides secured and unsecured personal, and cash loans.

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