Servcorp Limited (ASX:SRV – Get Free Report) insider Alfred Moufarrige acquired 22,600 shares of the stock in a transaction dated Friday, March 14th. The stock was bought at an average cost of A$5.30 ($3.33) per share, with a total value of A$119,734.80 ($75,304.91).
Servcorp Price Performance
The company has a debt-to-equity ratio of 190.73, a current ratio of 0.51 and a quick ratio of 0.84. The firm has a market capitalization of $523.01 million, a price-to-earnings ratio of 4.44, a P/E/G ratio of 1.97 and a beta of 0.93.
Servcorp Increases Dividend
The business also recently announced a Interim dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.14 per share. This is a positive change from Servcorp’s previous Interim dividend of $0.09. This represents a dividend yield of 2.48%. The ex-dividend date of this dividend is Monday, March 3rd. Servcorp’s payout ratio is currently 65.00%.
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.
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