Insider Buying: PayPoint plc (LON:PAY) Insider Acquires 19 Shares of Stock

PayPoint plc (LON:PAY) insider Rob Harding acquired 19 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average price of GBX 680 ($8.58) per share, with a total value of £129.20 ($163.05).

Rob Harding also recently made the following trade(s):

• On Friday, December 20th, Rob Harding acquired 16 shares of PayPoint stock. The stock was acquired at an average cost of GBX 762 ($9.62) per share, with a total value of £121.92 ($153.86).

PayPoint Stock Performance

Shares of LON:PAY traded down GBX 7 ($0.09) during trading on Tuesday, hitting GBX 667 ($8.42). 141,195 shares of the company were exchanged, compared to its average volume of 277,950. PayPoint plc has a 52-week low of GBX 470 ($5.93) and a 52-week high of GBX 865 ($10.92). The stock has a 50 day moving average of GBX 712.92 and a 200 day moving average of GBX 726.44. The company has a debt-to-equity ratio of 81.52, a current ratio of 0.99 and a quick ratio of 0.65. The company has a market cap of £477.64 million, a PE ratio of 13.70, a P/E/G ratio of 31.13 and a beta of 0.93.

PayPoint Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Thursday, February 27th will be paid a GBX 9.70 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, February 27th. This represents a yield of 1.16%. This is an increase from PayPoint’s previous dividend of $9.60. PayPoint’s dividend payout ratio (DPR) is currently 39.02%.

About PayPoint

PayPoint plc engages in the provision of payments and banking, shopping, and e-commerce services and products in the United Kingdom. The company operates through two segments: PayPoint and Love2shop. The PayPoint segment provides card payment services to retailers, including leased payment devices; EPoS; ATM cash machines; SIM cards sales; receipt advertising; bill payment services and cash top-ups to individual consumers; parcel delivery and collection services; retailer service fees solutions; and digital payment services, as well as cash through to digital services.