SEEK Limited (ASX:SEK) Insider Ian Narev Acquires 70,463 Shares of Stock

SEEK Limited (ASX:SEK) insider Ian Narev acquired 70,463 shares of the stock in a transaction dated Thursday, February 20th. The stock was bought at an average cost of A$25.62 ($16.01) per share, with a total value of A$1,805,262.06 ($1,128,288.79).

Ian Narev also recently made the following trade(s):

• On Monday, February 24th, Ian Narev sold 294 shares of SEEK stock. The stock was sold at an average price of A$25.37 ($15.85), for a total value of A$7,457.90 ($4,661.19).

SEEK Price Performance

The company has a debt-to-equity ratio of 54.57, a current ratio of 0.86 and a quick ratio of 0.78. The stock has a market cap of $8.53 billion, a P/E ratio of 241.56, a price-to-earnings-growth ratio of 2.96 and a beta of 1.24.

SEEK Increases Dividend

The company also recently declared a Interim dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, April 1st will be given a dividend of $0.24 per share. This is a positive change from SEEK’s previous Interim dividend of $0.19. This represents a dividend yield of 0.92%. The ex-dividend date is Monday, March 17th. SEEK’s dividend payout ratio (DPR) is presently -188.24%.

SEEK Company Profile

SEEK Limited, together with its subsidiaries, engages in the provision of online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. It operates through ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio investments, and SEEK Growth Fund segments.