Insider Buying: Servcorp Limited (ASX:SRV) Insider Buys 32,249 Shares of Stock

Servcorp Limited (ASX:SRV) insider Alfred Moufarrige acquired 32,249 shares of the company’s stock in a transaction on Monday, November 18th. The stock was bought at an average cost of A$4.85 ($3.15) per share, with a total value of A$156,407.65 ($101,563.41).

Alfred Moufarrige also recently made the following trade(s):

• On Wednesday, November 6th, Alfred Moufarrige purchased 26,036 shares of Servcorp stock. The stock was bought at an average price of A$4.95 ($3.21) per share, for a total transaction of A$128,904.24 ($83,704.05).
• On Thursday, September 19th, Alfred Moufarrige acquired 100,000 shares of Servcorp stock. The shares were purchased at an average cost of A$4.90 ($3.18) per share, with a total value of A$490,000.00 ($318,181.82).

Servcorp Price Performance

The company has a debt-to-equity ratio of 190.73, a current ratio of 0.79 and a quick ratio of 0.84.

Servcorp Increases Dividend

The company also recently disclosed a Final dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, October 1st were paid a $0.13 dividend. This represents a yield of 2.7%. This is a boost from Servcorp’s previous Final dividend of $0.12. The ex-dividend date was Tuesday, September 3rd. Servcorp’s dividend payout ratio (DPR) is 65.00%.

Servcorp Company Profile

Servcorp Limited provides executive serviced and virtual offices, coworking and IT, communications, and secretarial services. It offers office space solutions; and virtual office services, including office business address, secretary and receptionist, mail forwarding, and telephone answering services.