Insider Buying: Spheria Emerging Companies Limited (ASX:SEC) Insider Acquires 50,000 Shares of Stock

Spheria Emerging Companies Limited (ASX:SEC) insider Matthew (Matt) Booker purchased 50,000 shares of Spheria Emerging Companies stock in a transaction that occurred on Monday, August 5th. The stock was purchased at an average cost of A$2.13 ($1.38) per share, for a total transaction of A$106,500.00 ($69,155.84).

Matthew (Matt) Booker also recently made the following trade(s):

• On Wednesday, June 5th, Matthew (Matt) Booker bought 50,000 shares of Spheria Emerging Companies stock. The shares were acquired at an average price of A$2.17 ($1.41) per share, for a total transaction of A$108,450.00 ($70,422.08).

Spheria Emerging Companies Stock Performance

Spheria Emerging Companies Increases Dividend

The firm also recently announced a Final dividend, which will be paid on Monday, August 12th. Stockholders of record on Monday, August 12th will be issued a dividend of $0.034 per share. This represents a dividend yield of 1.52%. This is a positive change from Spheria Emerging Companies’s previous Final dividend of $0.03. The ex-dividend date of this dividend is Monday, July 22nd. Spheria Emerging Companies’s dividend payout ratio (DPR) is presently 52.17%.

Spheria Emerging Companies Company Profile

Spheria Emerging Companies Limited operates as an investment company in Australia. It provides investors with access to a managed portfolio of Australian small-cap securities, as well as New Zealand small and micro-cap companies portfolio. The company was incorporated in 2017 and is based in Sydney, Australia.