Medibank Private Limited (ASX:MPL) to Issue Dividend Increase – $0.08 Per Share

Medibank Private Limited (ASX:MPL) declared a interim dividend on Friday, February 28th, MarketIndexAU Dividends reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.078 per share on Tuesday, March 25th. This represents a yield of 1.79%. The ex-dividend date is Wednesday, March 5th. This is an increase from Medibank Private’s previous interim dividend of $0.06.

Medibank Private Price Performance

The firm has a market cap of $10.88 billion, a P/E ratio of 2,797.84 and a beta of 0.20. The company has a quick ratio of 1.50, a current ratio of 13.03 and a debt-to-equity ratio of 9.47.

About Medibank Private

Medibank Private Limited provides private health insurance and health services in Australia. The company operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment provides private health insurance products, including hospital cover that offers members with health cover for hospital treatments; and ancillary cover, which provides members with health cover for healthcare services, such as dental, optical, and physiotherapy.