Perpetual Limited (ASX:PPT) Insider Purchases A$135,576.00 in Stock

Perpetual Limited (ASX:PPT) insider Mona Kanaan bought 7,000 shares of the stock in a transaction dated Friday, March 7th. The stock was bought at an average price of A$19.37 ($12.26) per share, with a total value of A$135,576.00 ($85,807.59).

Perpetual Price Performance

The company has a quick ratio of 0.82, a current ratio of 0.52 and a debt-to-equity ratio of 47.88. The company has a market cap of $2.52 billion, a PE ratio of -6.51, a PEG ratio of 44.50 and a beta of 1.32.

Perpetual Cuts Dividend

The business also recently announced a Interim dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, April 3rd will be paid a $0.61 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a dividend yield of 3.08%. Perpetual’s dividend payout ratio (DPR) is currently -28.03%.

Perpetual Company Profile

Perpetual Limited is a publicly owned investment manager. The firm offers a range of financial products and services in Australia. The company provides funds management, portfolio management, financial planning, trustee, responsible entity and compliance services, executor services, investment administration and custody services, and mortgage processing services.