Mona Kanaan Acquires 1,111 Shares of Perpetual Limited (ASX:PPT) Stock

Perpetual Limited (ASX:PPT) insider Mona Kanaan bought 1,111 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were bought at an average price of A$19.08 ($12.15) per share, for a total transaction of A$21,196.77 ($13,501.13).

Mona Kanaan also recently made the following trade(s):

• On Friday, March 7th, Mona Kanaan bought 7,000 shares of Perpetual stock. The shares were bought at an average price of A$19.37 ($12.34) per share, for a total transaction of A$135,576.00 ($86,354.14).

Perpetual Stock 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 firm has a market cap of $2.52 billion, a price-to-earnings 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. Shareholders of record on Thursday, April 3rd will be issued a dividend of $0.61 per share. The ex-dividend date is Wednesday, March 12th. This represents a 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.