Insider Buying: McMillan Shakespeare Limited (ASX:MMS) Insider Purchases A$67,320.00 in Stock

McMillan Shakespeare Limited (ASX:MMS) insider Arlene Tansey acquired 4,500 shares of the business’s stock in a transaction dated Friday, September 20th. The shares were bought at an average cost of A$14.96 ($10.25) per share, with a total value of A$67,320.00 ($46,109.59).

Arlene Tansey also recently made the following trade(s):

• On Friday, August 30th, Arlene Tansey bought 2,412 shares of McMillan Shakespeare stock. The shares were purchased at an average cost of A$15.62 ($10.70) per share, for a total transaction of A$37,675.44 ($25,805.10).

McMillan Shakespeare Price Performance

The company has a quick ratio of 1.47, a current ratio of 1.18 and a debt-to-equity ratio of 456.47.

McMillan Shakespeare Increases Dividend

The company also recently announced a Final dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 26th were paid a $0.78 dividend. This represents a dividend yield of 4.91%. This is a positive change from McMillan Shakespeare’s previous Final dividend of $0.74. The ex-dividend date was Wednesday, September 11th. McMillan Shakespeare’s dividend payout ratio is presently 121.88%.

About McMillan Shakespeare

McMillan Shakespeare Limited provides salary packaging, novated leasing, disability plan management and support co-ordination, asset management, and related financial products and services in Australia, the United Kingdom, and New Zealand. It operates through Group Remuneration Services, Asset Management Services, and Plan and Support Services segments.