Insider Buying: G8 Education Limited (ASX:GEM) Insider Buys A$49,830.00 in Stock

G8 Education Limited (ASX:GEMGet Free Report) insider Stephen Heath acquired 37,750 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The stock was acquired at an average price of A$1.32 ($0.90) per share, with a total value of A$49,830.00 ($34,130.14).

G8 Education Price Performance

The company has a debt-to-equity ratio of 87.43, a quick ratio of 0.38 and a current ratio of 0.34.

G8 Education Increases Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Sunday, September 29th. Investors of record on Sunday, September 29th will be issued a $0.02 dividend. The ex-dividend date is Thursday, September 5th. This is a boost from G8 Education’s previous Interim dividend of $0.01. This represents a yield of 1.54%. G8 Education’s dividend payout ratio is currently 62.50%.

About G8 Education

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G8 Education Limited provides early childhood education and care services in Australia. It offers its services under various brands. The company was incorporated in 2006 and is based in Varsity Lakes, Australia.

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