Servcorp Limited (ASX:SRV – Get Free Report) insider Alfred Moufarrige bought 100,000 shares of the firm’s stock in a transaction dated Thursday, September 19th. The shares were acquired at an average cost of A$4.90 ($3.36) per share, with a total value of A$490,000.00 ($335,616.44).
Servcorp Stock Performance
The company has a quick ratio of 0.84, a current ratio of 0.79 and a debt-to-equity ratio of 190.73.
Servcorp Increases Dividend
The firm also recently announced a Final dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Tuesday, October 1st will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, September 3rd. This is an increase from Servcorp’s previous Final dividend of $0.12. This represents a dividend yield of 2.7%. Servcorp’s payout ratio is presently 65.00%.
About Servcorp
Servcorp Limited provides executive serviced and virtual offices, coworking and IT, communications, and secretarial services. It offers office space solutions; and virtual office services, including office business address, secretary and receptionist, mail forwarding, and telephone answering services.
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