Idp Education Ltd (ASX:IEL) Plans Final Dividend of $0.08

Idp Education Ltd (ASX:IEL) declared a final dividend on Friday, August 23rd, MarketIndexAU reports. Investors of record on Thursday, September 26th will be paid a dividend of 0.075 per share on Thursday, September 26th. This represents a dividend yield of 0.45%. The ex-dividend date of this dividend is Monday, September 9th.

Shares of Idp Education stock traded down A$0.87 ($0.62) during midday trading on Friday, hitting A$16.66 ($11.82). The company had a trading volume of 1,631,986 shares. The business has a fifty day moving average price of A$18.83. The company has a current ratio of 1.34, a quick ratio of 1.22 and a debt-to-equity ratio of 41.12. The stock has a market capitalization of $4.24 billion and a PE ratio of 68.56. Idp Education has a 12-month low of A$8.45 ($5.99) and a 12-month high of A$19.84 ($14.07).

In other news, insider Gregory West sold 25,000 shares of the business’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of A$17.82 ($12.64), for a total value of A$445,475.00 ($315,939.72).

About Idp Education

IDP Education Limited engages in the placement of students into education institutions in Asia, Australasia, and internationally. Its services include counselling, application processing, pre-departure guidance, examinations, English language teaching, client relations, digital marketing, online students recruitment, and shared services.

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