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Finbar Group Limited ( (AU:FRI) ) has shared an update.
Finbar Group Limited has announced the resumption of regular dividend payments, declaring a fully franked final dividend of 2 cents per share for FY25. The company ended FY25 with $36 million in cash, supporting its robust balance sheet and enabling it to balance shareholder returns with reinvestment into its development pipeline. Finbar’s five-year development pipeline exceeds $1 billion in estimated end value, positioning the company for sustained growth. The company has also completed the sale of non-core subsidiaries to focus on its core apartment development business, enhancing its balance sheet and operational efficiency.
More about Finbar Group Limited
Finbar Group Limited is a leading apartment development company based in Western Australia. The company focuses on the development of residential apartments and has a strategic pipeline with projects at various stages, including construction, pending development approval, and pre-development. Finbar has a strong market presence in Western Australia, with a significant development pipeline valued at over $1 billion.
Average Trading Volume: 94,855
Technical Sentiment Signal: Buy
Current Market Cap: A$200M
Learn more about FRI stock on TipRanks’ Stock Analysis page.