Insider Selling: SI Financial Group, Inc. (SIFI) Insider Sells 2,652 Shares of Stock
SI Financial Group, Inc. (NASDAQ:SIFI) insider Rheo A. Brouillard sold 2,652 shares of SI Financial Group stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $14.12, for a total value of $37,446.24. Following the completion of the transaction, the insider now owns 46,877 shares in the company, valued at approximately $661,903.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
SI Financial Group, Inc. (NASDAQ SIFI) opened at $14.00 on Wednesday. SI Financial Group, Inc. has a 52 week low of $13.50 and a 52 week high of $16.45. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $169.64, a PE ratio of 12.41 and a beta of 0.28.
The business also recently announced a quarterly dividend, which will be paid on Monday, February 26th. Shareholders of record on Monday, February 5th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.71%. The ex-dividend date is Friday, February 2nd. This is a positive change from SI Financial Group’s previous quarterly dividend of $0.05. SI Financial Group’s payout ratio is 21.43%.
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About SI Financial Group
SI Financial Group, Inc is a holding company for Savings Institute Bank and Trust Company (the Bank). The Bank operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area, including insurance, trust and investment services.
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