Giselle Collins Acquires 30,000 Shares of Hotel Property Investments (ASX:HPI) Stock

Hotel Property Investments (ASX:HPIGet Free Report) insider Giselle Collins bought 30,000 shares of the firm’s stock in a transaction on Thursday, August 22nd. The stock was acquired at an average cost of A$3.34 ($2.25) per share, with a total value of A$100,110.00 ($67,641.89).

Hotel Property Investments Stock Performance

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

Hotel Property Investments Increases Dividend

The firm also recently declared a Final dividend, which will be paid on Thursday, September 5th. Stockholders of record on Thursday, September 5th will be paid a dividend of $0.095 per share. This is a boost from Hotel Property Investments’s previous Final dividend of $0.09. This represents a dividend yield of 2.88%. The ex-dividend date is Wednesday, June 26th. Hotel Property Investments’s dividend payout ratio (DPR) is currently 105.56%.

Hotel Property Investments Company Profile

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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.

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