Pepper Money Limited (ASX:PPM) Insider James O’Shea Acquires 20,000 Shares of Stock

Pepper Money Limited (ASX:PPMGet Free Report) insider James O’Shea acquired 20,000 shares of Pepper Money stock in a transaction that occurred on Monday, September 9th. The stock was bought at an average price of A$1.36 ($0.91) per share, with a total value of A$27,200.00 ($18,133.33).

Pepper Money Price Performance

The company has a quick ratio of 544.44, a current ratio of 1,017.98 and a debt-to-equity ratio of 2,037.79.

Pepper Money Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th will be issued a dividend of $0.05 per share. This is an increase from Pepper Money’s previous Interim dividend of $0.04. This represents a yield of 3.7%. The ex-dividend date is Tuesday, September 10th. Pepper Money’s dividend payout ratio (DPR) is 45.45%.

About Pepper Money

(Get Free Report)

Pepper Money Limited operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand. It operates through three segments: Mortgages, Asset Finance, and Loan and Other Servicing. The Mortgages segment engages in the financing of residential home loans and small balance commercial real estate loans.

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