Pepper Money Limited (ASX:PPM) Insider Acquires A$989,116.92 in Stock

Pepper Money Limited (ASX:PPM) insider Mario Rehayem acquired 610,566 shares of the business’s stock in a transaction dated Monday, April 8th. The shares were bought at an average price of A$1.62 ($1.05) per share, with a total value of A$989,116.92 ($638,139.95).

Mario Rehayem also recently made the following trade(s):

• On Monday, March 18th, Mario Rehayem bought 610,566 shares of Pepper Money stock. The shares were bought at an average cost of A$1.62 ($1.05) per share, with a total value of A$989,116.92 ($638,139.95).

Pepper Money Price Performance

The company has a quick ratio of 544.44, a current ratio of 409.01 and a debt-to-equity ratio of 2,236.16.

Pepper Money Cuts Dividend

The company also recently declared a Final dividend, which was paid on Wednesday, April 17th. Stockholders of record on Wednesday, April 17th were issued a dividend of $0.05 per share. The ex-dividend date was Tuesday, March 12th. This represents a dividend yield of 3.04%. Pepper Money’s dividend payout ratio is currently 37.50%.

About Pepper Money

Pepper Money Limited operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand. It operates through three segments: Mortgages, Asset Finance, and Loan and Other Servicing. The Mortgages segment engages in the financing of residential home loans and small balance commercial real estate loans.