Arlene Tansey Buys 4,500 Shares of McMillan Shakespeare Limited (ASX:MMS) Stock

McMillan Shakespeare Limited (ASX:MMS) insider Arlene Tansey acquired 4,500 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was purchased at an average price of A$14.96 ($10.25) per share, for a total transaction of A$67,320.00 ($46,109.59).

Arlene Tansey also recently made the following trade(s):

• On Friday, August 30th, Arlene Tansey bought 2,412 shares of McMillan Shakespeare stock. The stock was purchased at an average price of A$15.62 ($10.70) per share, for a total transaction of A$37,675.44 ($25,805.10).

McMillan Shakespeare Stock Performance

The company has a debt-to-equity ratio of 456.47, a quick ratio of 1.47 and a current ratio of 1.18.

McMillan Shakespeare Increases Dividend

The firm also recently announced a Final dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 26th will be paid a dividend of $0.78 per share. This represents a yield of 4.91%. The ex-dividend date is Wednesday, September 11th. This is a boost from McMillan Shakespeare’s previous Final dividend of $0.74. McMillan Shakespeare’s payout ratio is 121.88%.

About McMillan Shakespeare

McMillan Shakespeare Limited provides salary packaging, novated leasing, disability plan management and support co-ordination, asset management, and related financial products and services in Australia, the United Kingdom, and New Zealand. It operates through Group Remuneration Services, Asset Management Services, and Plan and Support Services segments.