Servcorp Limited (SRV) to Issue Interim Dividend of $0.14 on April 1st

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

Servcorp Stock Performance

The company has a current ratio of 0.51, a quick ratio of 0.84 and a debt-to-equity ratio of 190.73. The company has a market capitalization of $523.01 million, a P/E ratio of 4.44, a price-to-earnings-growth ratio of 1.97 and a beta of 0.93.

Insider Buying and Selling

In other news, insider Alfred Moufarrige acquired 100,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was acquired at an average cost of A$4.75 ($3.03) per share, with a total value of A$475,000.00 ($302,547.77). 53.65% of the stock is owned by insiders.

Servcorp Company Profile

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.