IPH Limited (ASX:IPH – Get Free Report) insider Vicki Carter bought 15,957 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was purchased at an average price of A$4.88 ($3.03) per share, for a total transaction of A$77,918.03 ($48,396.29).
IPH Price Performance
The company has a current ratio of 2.77, a quick ratio of 2.74 and a debt-to-equity ratio of 77.53. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 19.57, a PEG ratio of 3.45 and a beta of 0.16.
IPH Increases Dividend
The company also recently announced a Interim dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th will be issued a $0.17 dividend. This represents a yield of 3.48%. This is a positive change from IPH’s previous Interim dividend of $0.16. The ex-dividend date is Monday, February 24th. IPH’s payout ratio is presently 140.00%.
About IPH
IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products. It operates through three segments: Australian and New Zealand IP, Canadian IP, and Asian IP. The company offers IP services related to the provision of filing, prosecution, enforcement, and management of patents, designs, trade marks, legal services, and other IP.
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