Pepper Money Limited (ASX:PPM – Get Free Report) insider James O’Shea bought 20,000 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The stock was bought at an average cost of A$1.36 ($0.91) per share, for a total transaction of A$27,200.00 ($18,133.33).
Pepper Money Stock Performance
The company has a debt-to-equity ratio of 2,037.79, a current ratio of 1,017.98 and a quick ratio of 544.44.
Pepper Money Increases Dividend
The business also recently announced a Interim dividend, which will be paid on Wednesday, October 9th. Investors of record on Wednesday, October 9th will be given a $0.05 dividend. The ex-dividend date is Tuesday, September 10th. This is a boost from Pepper Money’s previous Interim dividend of $0.04. This represents a dividend yield of 3.7%. Pepper Money’s dividend payout ratio (DPR) is currently 45.45%.
About Pepper Money
Pepper Money Limited operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand. It operates through three segments: Mortgages, Asset Finance, and Loan and Other Servicing. The Mortgages segment engages in the financing of residential home loans and small balance commercial real estate loans.
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