Gregory Cooper Purchases 1,000 Shares of Perpetual Limited (ASX:PPT) Stock

Perpetual Limited (ASX:PPT) insider Gregory Cooper purchased 1,000 shares of the firm’s stock in a transaction dated Monday, March 3rd. The stock was bought at an average cost of A$20.05 ($12.69) per share, for a total transaction of A$20,049.00 ($12,689.24).

Gregory Cooper also recently made the following trade(s):

• On Friday, February 28th, Gregory Cooper purchased 1,000 shares of Perpetual stock. The stock was bought at an average cost of A$20.00 ($12.66) per share, for a total transaction of A$20,000.00 ($12,658.23).

Perpetual Price Performance

The firm has a market capitalization of $2.52 billion, a P/E ratio of -6.51, a price-to-earnings-growth ratio of 44.50 and a beta of 1.32. The company has a current ratio of 0.52, a quick ratio of 0.82 and a debt-to-equity ratio of 47.88.

Perpetual Cuts Dividend

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

About Perpetual

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.