Gregory Cooper Purchases 1,000 Shares of Perpetual Limited (ASX:PPT) Stock

Perpetual Limited (ASX:PPT) insider Gregory Cooper acquired 1,000 shares of the company’s stock in a transaction dated Friday, February 28th. The stock was bought at an average cost of A$20.00 ($12.58) per share, for a total transaction of A$20,000.00 ($12,578.62).

Gregory Cooper also recently made the following trade(s):

• On Monday, March 3rd, Gregory Cooper purchased 1,000 shares of Perpetual stock. The stock was bought at an average price of A$20.05 ($12.61) per share, for a total transaction of A$20,049.00 ($12,609.43).

Perpetual Price Performance

The firm has a market cap of $2.52 billion, a price-to-earnings ratio of -6.51, a PEG ratio of 44.50 and a beta of 1.32. The company has a current ratio of 0.52, a quick ratio of 0.82 and a debt-to-equity ratio of 47.88.

Perpetual Cuts Dividend

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