Servcorp Limited (ASX:SRV) Declares Dividend Increase – $0.14 Per Share

Servcorp Limited (ASX:SRVGet Free Report) announced a interim dividend on Thursday, February 20th,MarketIndexAU Dividends reports. Investors of record on Tuesday, April 1st will be paid a dividend of 0.14 per share on Tuesday, April 1st. This represents a yield of 2.48%. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Servcorp’s previous interim dividend of $0.09.

Servcorp Stock Performance

The firm has a market cap of $523.01 million, a price-to-earnings ratio of 4.44, a PEG ratio of 1.97 and a beta of 0.93. The company has a quick ratio of 0.84, a current ratio of 0.51 and a debt-to-equity ratio of 190.73.

Insider Activity

In other news, insider Alfred Moufarrige bought 7,500 shares of the business’s stock in a transaction on Friday, December 13th. The stock was purchased at an average price of A$4.93 ($3.12) per share, with a total value of A$36,975.00 ($23,401.90). 53.65% of the stock is currently owned by insiders.

Servcorp Company Profile

(Get Free Report)

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.

Featured Stories

Dividend History for Servcorp (ASX:SRV)

Receive News & Ratings for Servcorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Servcorp and related companies with MarketBeat.com's FREE daily email newsletter.