Perpetual Limited (ASX:PPT) Insider Ian Hammond Acquires 2,800 Shares

Perpetual Limited (ASX:PPT) insider Ian Hammond purchased 2,800 shares of Perpetual stock in a transaction on Tuesday, September 10th. The shares were acquired at an average cost of A$35.99 ($25.52) per share, for a total transaction of A$100,772.00 ($71,469.50).

PPT stock traded up A$0.25 ($0.18) during midday trading on Friday, reaching A$36.62 ($25.97). 162,458 shares of the company’s stock traded hands, compared to its average volume of 183,948. The company has a market capitalization of $1.71 billion and a P/E ratio of 14.87. The company has a debt-to-equity ratio of 13.14, a current ratio of 1.91 and a quick ratio of 1.15. Perpetual Limited has a fifty-two week low of A$29.70 ($21.06) and a fifty-two week high of A$44.99 ($31.91). The business has a 50-day moving average price of A$37.67 and a two-hundred day moving average price of A$39.81.

The company also recently announced a Final dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 30th will be given a dividend of $1.25 per share. The ex-dividend date is Wednesday, September 4th. This represents a dividend yield of 3.57%. Perpetual’s payout ratio is currently 101.50%.

About Perpetual

Perpetual Limited 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.

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