Perpetual Limited (ASX:PPT) Insider Buys A$21,196.77 in Stock

Perpetual Limited (ASX:PPT) insider Mona Kanaan purchased 1,111 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was acquired at an average cost of A$19.08 ($12.15) per share, with a total value of A$21,196.77 ($13,501.13).

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

• On Friday, March 7th, Mona Kanaan acquired 7,000 shares of Perpetual stock. The stock was purchased at an average price of A$19.37 ($12.34) per share, with a total value of A$135,576.00 ($86,354.14).

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 price-to-earnings ratio of -6.51, a P/E/G ratio of 44.50 and a beta of 1.32.

Perpetual Cuts Dividend

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