Insider Buying: Perpetual Limited (ASX:PPT) Insider Buys 1,000 Shares of Stock

Perpetual Limited (ASX:PPT) insider Gregory Cooper acquired 1,000 shares of Perpetual stock in a transaction dated Monday, March 3rd. The stock was purchased at an average price of A$20.05 ($12.69) per share, for a total transaction of A$20,049.00 ($12,689.24).

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

• On Friday, February 28th, Gregory Cooper acquired 1,000 shares of Perpetual stock. The stock was purchased at an average price of A$20.00 ($12.66) per share, for a total transaction of A$20,000.00 ($12,658.23).

Perpetual Price Performance

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

Perpetual Cuts Dividend

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