Servcorp Limited (ASX:SRV – Get Free Report) insider Alfred Moufarrige bought 22,600 shares of the business’s stock in a transaction on Friday, March 14th. The stock was bought at an average price of A$5.30 ($3.33) per share, for a total transaction of A$119,734.80 ($75,304.91).
Servcorp Stock Performance
The firm has a market cap of $523.01 million, a P/E ratio of 4.44, a price-to-earnings-growth ratio of 1.97 and a beta of 0.93. The company has a quick ratio of 0.84, a current ratio of 0.51 and a debt-to-equity ratio of 190.73.
Servcorp Increases Dividend
The firm also recently declared a Interim dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.14 per share. This represents a dividend yield of 2.48%. This is a positive change from Servcorp’s previous Interim dividend of $0.09. The ex-dividend date is Monday, March 3rd. Servcorp’s dividend payout ratio (DPR) is 65.00%.
About Servcorp
Servcorp Limited provides executive serviced and virtual offices, coworking and IT, communications, and secretarial services. It offers office space solutions; and virtual office services, including office business address, secretary and receptionist, mail forwarding, and telephone answering services.
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