Jumbo Interactive Limited (ASX:JIN) Insider Michael (Mike) Veverka Purchases 8,000 Shares of Stock

Jumbo Interactive Limited (ASX:JIN) insider Michael (Mike) Veverka purchased 8,000 shares of Jumbo Interactive stock in a transaction dated Tuesday, February 25th. The shares were bought at an average cost of A$11.66 ($7.29) per share, for a total transaction of A$93,304.00 ($58,315.00).

Jumbo Interactive Stock Performance

The company has a market cap of $829.76 million, a PE ratio of 19.24, a P/E/G ratio of 1.23 and a beta of 1.00. The company has a quick ratio of 2.47, a current ratio of 1.90 and a debt-to-equity ratio of 2.69.

Jumbo Interactive Cuts Dividend

The company also recently declared a Interim dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, March 13th will be given a dividend of $0.24 per share. This represents a dividend yield of 1.99%. The ex-dividend date is Wednesday, February 26th. Jumbo Interactive’s dividend payout ratio is currently 79.71%.

Jumbo Interactive Company Profile

Jumbo Interactive Limited engages in the retail of lottery tickets through internet and mobile devices in Australia, the United Kingdom, Canada, Fiji, and internationally. It operates through three segments: Lottery Retailing, Software-as-a-Service, and Managed Services. The company is involved in the retail of digital lottery tickets through Oz Lotteries; licenses Powered by Jumbo, a digital lottery platform solution to government and charity lottery operators; and lottery management services, including prize procurement, lottery game design, campaign marketing, and customer relationship and draw management services to charities.