G8 Education Limited (ASX:GEM) Insider Acquires A$1,226,538.45 in Stock

G8 Education Limited (ASX:GEMGet Free Report) insider Pejman Okhovat acquired 950,805 shares of the company’s stock in a transaction on Friday, March 21st. The shares were bought at an average price of A$1.29 ($0.81) per share, for a total transaction of A$1,226,538.45 ($771,407.83).

G8 Education Price Performance

The firm has a market cap of $1.10 billion, a P/E ratio of 17.99, a PEG ratio of 3.06 and a beta of 1.04. The company has a debt-to-equity ratio of 87.43, a quick ratio of 0.38 and a current ratio of 0.33.

G8 Education Cuts Dividend

The company also recently disclosed a Final dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, April 2nd will be given a $0.035 dividend. This represents a yield of 2.53%. The ex-dividend date is Wednesday, March 5th. G8 Education’s payout ratio is 62.50%.

G8 Education Company Profile

(Get Free Report)

G8 Education Limited provides early childhood education and care services in Australia. It offers its services under various brands. The company was incorporated in 2006 and is based in Varsity Lakes, Australia.

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