Perpetual Limited (ASX:PPT) Insider Philip Wagstaff Purchases 2,670 Shares of Stock

Perpetual Limited (ASX:PPT) insider Philip Wagstaff bought 2,670 shares of the stock in a transaction that occurred on Tuesday, April 22nd. The shares were purchased at an average cost of A$15.40 ($9.87) per share, with a total value of A$41,118.00 ($26,357.69).

Philip Wagstaff also recently made the following trade(s):

• On Wednesday, March 5th, Philip Wagstaff purchased 1,895 shares of Perpetual stock. The shares were acquired at an average price of A$19.99 ($12.81) per share, with a total value of A$37,881.05 ($24,282.72).

Perpetual Stock Performance

The company has a quick ratio of 0.82, a current ratio of 0.52 and a debt-to-equity ratio of 47.88. The stock has a market cap of $2.52 billion, a P/E ratio of -6.51, a PEG ratio of 44.50 and a beta of 1.32.

Perpetual Cuts Dividend

The firm also recently declared a Interim dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, April 3rd were issued a dividend of $0.61 per share. This represents a dividend yield of 3.08%. The ex-dividend date was Wednesday, March 12th. Perpetual’s payout ratio is -28.03%.

Perpetual Company Profile

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.