Damian Banks Purchases 100,000 Shares of Kip McGrath Education Centres Limited (ASX:KME) Stock

Kip McGrath Education Centres Limited (ASX:KMEGet Free Report) insider Damian Banks acquired 100,000 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was bought at an average cost of A$0.49 ($0.31) per share, for a total transaction of A$48,600.00 ($30,759.49).

Kip McGrath Education Centres Stock Performance

The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 15.57. The stock has a market capitalization of $24.73 million, a PE ratio of 18.77 and a beta of 0.79.

Kip McGrath Education Centres Cuts Dividend

The company also recently announced a Final dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 26th will be paid a $0.005 dividend. The ex-dividend date is Tuesday, March 11th. This represents a yield of 1.02%. Kip McGrath Education Centres’s payout ratio is presently 150.00%.

Kip McGrath Education Centres Company Profile

(Get Free Report)

Kip McGrath Education Centres Limited provides tutoring services in Australasia, Europe, the United States, the United Kingdom, and internationally. The company provides tutorial assistance in English and Maths to primary and secondary students; and online tutoring services. It also sells and services to franchise network.

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