Computershare Limited (ASX:CPU) Announces Dividend Increase – $0.45 Per Share

Computershare Limited (ASX:CPU) declared a interim dividend on Wednesday, February 12th,MarketIndexAU Dividends reports. Stockholders of record on Tuesday, March 18th will be given a dividend of 0.45 per share on Tuesday, March 18th. This represents a dividend yield of 1.08%. The ex-dividend date is Monday, February 17th. This is a boost from Computershare’s previous interim dividend of $0.40.

Computershare Price Performance

The company has a quick ratio of 1.18, a current ratio of 2.94 and a debt-to-equity ratio of 115.85.

Insider Transactions at Computershare

In related news, insider Gerrard Schmid purchased 9,572 shares of Computershare stock in a transaction on Friday, November 15th. The stock was bought at an average price of A$30.45 ($19.15) per share, with a total value of A$291,419.54 ($183,282.73). 8.98% of the stock is currently owned by company insiders.

About Computershare

Computershare Limited provides issuer, employee share plans and voucher, business, communication and utilities, technology, and mortgage and property rental services. The company offers issuer services that include register maintenance, corporate actions, stakeholder relationship management, corporate governance, and related services; mortgage services and property rental, including tenancy bond protection services; and employee share plans and voucher services comprising administration and related services for employee share and option plans, and childcare voucher administration services.