Hotel Property Investments (ASX:HPI) Announces $0.07 Interim Dividend

Hotel Property Investments (ASX:HPI) declared a interim dividend on Monday, October 21st, MarketIndexAU reports. Stockholders of record on Tuesday, November 19th will be paid a dividend of 0.065 per share on Tuesday, November 19th. This represents a dividend yield of 1.86%. The ex-dividend date is Tuesday, October 29th.

Hotel Property Investments Price 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.

Insider Activity at Hotel Property Investments

In other Hotel Property Investments news, insider Giselle Collins purchased 30,000 shares of the firm’s stock in a transaction on Thursday, August 22nd. The shares were purchased at an average price of A$3.34 ($2.24) per share, for a total transaction of A$100,110.00 ($67,187.92). In other Hotel Property Investments news, insider Giselle Collins purchased 30,000 shares of the business’s stock in a transaction on Thursday, August 22nd. The stock was purchased at an average price of A$3.34 ($2.24) per share, for a total transaction of A$100,110.00 ($67,187.92). Also, insider John White acquired 14,400 shares of the firm’s stock in a transaction on Wednesday, September 4th. The shares were bought at an average cost of A$3.47 ($2.33) per share, for a total transaction of A$49,968.00 ($33,535.57). Over the last ninety days, insiders bought 50,441 shares of company stock worth $171,107. 1.35% of the stock is owned by corporate insiders.

Hotel Property Investments Company Profile

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.