Insider Buying: IPH Limited (ASX:IPH) Insider Buys 15,957 Shares of Stock

IPH Limited (ASX:IPHGet Free Report) insider Vicki Carter purchased 15,957 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were bought at an average price of A$4.88 ($3.09) per share, with a total value of A$77,918.03 ($49,315.21).

IPH Stock Performance

The company has a debt-to-equity ratio of 77.53, a current ratio of 2.77 and a quick ratio of 2.74. The company has a market capitalization of $1.30 billion, a P/E ratio of 19.57, a P/E/G ratio of 3.45 and a beta of 0.16.

IPH Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.17 per share. This represents a dividend yield of 3.48%. The ex-dividend date is Monday, February 24th. This is a boost from IPH’s previous Interim dividend of $0.16. IPH’s dividend payout ratio is 140.00%.

IPH Company Profile

(Get Free Report)

IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products. It operates through three segments: Australian and New Zealand IP, Canadian IP, and Asian IP. The company offers IP services related to the provision of filing, prosecution, enforcement, and management of patents, designs, trade marks, legal services, and other IP.

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