Insider Buying: Perpetual Limited (ASX:PPT) Insider Purchases A$159,424.00 in Stock

Perpetual Limited (ASX:PPTGet Free Report) insider Christopher Jones purchased 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were acquired at an average cost of A$19.93 ($12.46) per share, with a total value of A$159,424.00 ($99,640.00).

Perpetual Price Performance

The company has a market cap of $2.52 billion, a PE ratio of -6.51, a price-to-earnings-growth ratio of 44.50 and a beta of 1.32. The company has a debt-to-equity ratio of 47.88, a current ratio of 0.52 and a quick ratio of 0.82.

Perpetual Cuts Dividend

The business also recently disclosed a Interim dividend, which will be paid on Thursday, April 3rd. Investors 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 presently -28.03%.

About Perpetual

(Get Free Report)

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.

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