Mona Kanaan Acquires 1,111 Shares of Perpetual Limited (ASX:PPT) Stock

Perpetual Limited (ASX:PPT) insider Mona Kanaan acquired 1,111 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average price of A$19.08 ($12.08) per share, with a total value of A$21,196.77 ($13,415.68).

Mona Kanaan also recently made the following trade(s):

• On Friday, March 7th, Mona Kanaan acquired 7,000 shares of Perpetual stock. The stock was purchased at an average price of A$19.37 ($12.26) per share, with a total value of A$135,576.00 ($85,807.59).

Perpetual Price 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 cap of $2.52 billion, a P/E ratio of -6.51, a price-to-earnings-growth ratio of 44.50 and a beta of 1.32.

Perpetual Cuts Dividend

The company also recently announced a Interim dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, April 3rd will be issued a dividend of $0.61 per share. This represents a yield of 3.08%. The ex-dividend date of this dividend is Wednesday, March 12th. Perpetual’s dividend payout ratio (DPR) is presently -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.