Servcorp Limited (ASX:SRV) Insider Purchases A$40,125.00 in Stock

Servcorp Limited (ASX:SRV) insider Alfred Moufarrige bought 7,500 shares of Servcorp stock in a transaction dated Thursday, March 27th. The stock was acquired at an average price of A$5.35 ($3.36) per share, with a total value of A$40,125.00 ($25,235.85).

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

• On Friday, March 14th, Alfred Moufarrige acquired 22,600 shares of Servcorp stock. The shares were acquired at an average cost of A$5.30 ($3.33) per share, with a total value of A$119,734.80 ($75,304.91).

Servcorp Price Performance

The company has a market capitalization of $523.01 million, a price-to-earnings ratio of 4.44, a P/E/G ratio of 1.97 and a beta of 0.93. The company has a current ratio of 0.51, a quick ratio of 0.84 and a debt-to-equity ratio of 190.73.

Servcorp Increases Dividend

The business also recently announced a Interim dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, April 1st were paid a $0.14 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from Servcorp’s previous Interim dividend of $0.09. This represents a dividend yield of 2.48%. Servcorp’s dividend payout ratio (DPR) is 65.00%.

About Servcorp

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.