Perpetual Limited (ASX:PPT) Insider Purchases A$20,000.00 in Stock

Perpetual Limited (ASX:PPT) insider Gregory Cooper bought 1,000 shares of the business’s stock in a transaction on Friday, February 28th. The shares were acquired at an average price of A$20.00 ($12.66) per share, with a total value of A$20,000.00 ($12,658.23).

Gregory Cooper also recently made the following trade(s):

• On Monday, March 3rd, Gregory Cooper bought 1,000 shares of Perpetual stock. The shares were acquired at an average price of A$20.05 ($12.69) per share, with a total value of A$20,049.00 ($12,689.24).

Perpetual Stock Performance

The company has a current ratio of 0.52, a quick ratio of 0.82 and a debt-to-equity ratio of 47.88. The stock has a market capitalization of $2.52 billion, a PE ratio of -6.51, a PEG ratio of 44.50 and a beta of 1.32.

Perpetual Cuts Dividend

The firm also recently announced a Interim dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, April 3rd will be given a dividend of $0.61 per share. This represents a yield of 3.08%. The ex-dividend date is Wednesday, March 12th. Perpetual’s payout ratio is currently -28.03%.

About Perpetual

Perpetual Limited is a publicly owned investment manager. The firm offers a range of financial products and services in Australia. The company provides funds management, portfolio management, financial planning, trustee, responsible entity and compliance services, executor services, investment administration and custody services, and mortgage processing services.