Medibank Private Limited (ASX:MPL) Raises Dividend to $0.08 Per Share

Medibank Private Limited (ASX:MPL) announced a interim dividend on Friday, February 28th, MarketIndexAU Dividends reports. Shareholders of record on Tuesday, March 25th will be paid a dividend of 0.078 per share on Tuesday, March 25th. This represents a dividend yield of 1.79%. The ex-dividend date of this dividend is Wednesday, March 5th. This is an increase from Medibank Private’s previous interim dividend of $0.06.

Medibank Private Stock Performance

The stock has a market capitalization of $10.88 billion, a P/E ratio of 2,797.84 and a beta of 0.20. The company has a current ratio of 13.03, a quick ratio of 1.50 and a debt-to-equity ratio of 9.47.

Medibank Private Company Profile

Medibank Private Limited provides private health insurance and health services in Australia. The company operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment provides private health insurance products, including hospital cover that offers members with health cover for hospital treatments; and ancillary cover, which provides members with health cover for healthcare services, such as dental, optical, and physiotherapy.