Perpetual Limited (ASX:PPT) Insider Mona Kanaan Purchases 7,000 Shares

Perpetual Limited (ASX:PPT) insider Mona Kanaan purchased 7,000 shares of Perpetual stock in a transaction that occurred on Friday, March 7th. The stock was acquired at an average cost of A$19.37 ($12.26) per share, with a total value of A$135,576.00 ($85,807.59).

Perpetual Price Performance

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

Perpetual Cuts Dividend

The firm also recently declared a Interim dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, April 3rd will be issued a $0.61 dividend. This represents a yield of 3.08%. The ex-dividend date of this dividend is Wednesday, March 12th. Perpetual’s dividend payout ratio is currently -28.03%.

Perpetual Company Profile

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.