Servcorp Limited (ASX:SRV – Get Free Report) insider Alfred Moufarrige acquired 100,000 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was acquired at an average cost of A$4.90 ($3.36) per share, for a total transaction of A$490,000.00 ($335,616.44).
Servcorp Price Performance
The company has a quick ratio of 0.84, a current ratio of 0.79 and a debt-to-equity ratio of 190.73.
Servcorp Increases Dividend
The business also recently announced a Final dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Tuesday, October 1st will be paid a $0.13 dividend. This is an increase from Servcorp’s previous Final dividend of $0.12. The ex-dividend date is Tuesday, September 3rd. This represents a dividend yield of 2.7%. Servcorp’s dividend payout ratio is presently 65.00%.
Servcorp Company Profile
Servcorp Limited provides executive serviced and virtual offices, coworking and IT, communications, and secretarial services. It offers office space solutions; and virtual office services, including office business address, secretary and receptionist, mail forwarding, and telephone answering services.
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