Centrepoint Alliance Limited (ASX:CAF) Insider Georg Chmiel Purchases 169,191 Shares

Centrepoint Alliance Limited (ASX:CAF) insider Georg Chmiel bought 169,191 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were acquired at an average price of A$0.23 ($0.15) per share, with a total value of A$39,421.50 ($25,109.24).

Centrepoint Alliance Price Performance

The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.24 and a current ratio of 1.70.

Centrepoint Alliance Increases Dividend

The business also recently declared a Final dividend, which was paid on Thursday, September 28th. Stockholders of record on Thursday, September 28th were paid a dividend of $0.02 per share. This represents a dividend yield of 7.55%. The ex-dividend date was Wednesday, September 13th. This is a boost from Centrepoint Alliance’s previous Final dividend of $0.01. Centrepoint Alliance’s dividend payout ratio is 100.00%.

About Centrepoint Alliance

Centrepoint Alliance Limited, together with its subsidiaries, provides financial services in Australia. It operates through Licensee and Advice Services, Fund Management and Administration, and Consulting Services segments. The company offers license services, which include licensing, systems, compliance, training, and technical advises to financial advisers and their clients, as well as mortgage aggregation services to mortgage brokers; investor directed portfolio services and investment management services to financial advisers, accountants, and their clients; and consulting services to self-licensed advisers and licensees.