N1 Holdings Limited (ASX:N1H) Insider Buys A$12,500.00 in Stock

N1 Holdings Limited (ASX:N1H) insider Frank Ganis purchased 100,000 shares of N1 stock in a transaction dated Tuesday, November 5th. The shares were bought at an average cost of A$0.13 ($0.08) per share, for a total transaction of A$12,500.00 ($8,223.68).

N1 Price Performance

The company has a current ratio of 3.59, a quick ratio of 0.60 and a debt-to-equity ratio of 6,407.75.

N1 Increases Dividend

The company also recently declared a Final dividend, which will be paid on Sunday, December 1st. Investors of record on Sunday, December 1st will be given a dividend of $0.003 per share. This is a positive change from N1’s previous Final dividend of $0.00. This represents a dividend yield of 2.64%. The ex-dividend date is Thursday, November 21st.

N1 Company Profile

N1 Holdings Limited, a property-backed private credit lending company, engages in the provision of property financing, and mortgage management and broking services to customers in Australia. It operates through four segments: Financial Services, Real Estate Services, Migration Services and Other. The company offers direct lending and private credit for the purpose of bridging finance, purchase and urgent settlement, renovation of business premises, working capital, business expansion, equipment acquisition and/or upgrade, debt consolidation, equity release for business, and external administration/receivership for small and medium enterprises.