Pepper Money Limited (ASX:PPM) Insider Purchases A$989,116.92 in Stock

Pepper Money Limited (ASX:PPMGet Free Report) insider Mario Rehayem purchased 610,566 shares of Pepper Money stock in a transaction on Monday, March 18th. The stock was bought at an average price of A$1.62 ($1.07) per share, with a total value of A$989,116.92 ($650,734.82).

Pepper Money Price Performance

The company has a quick ratio of 544.44, a current ratio of 409.01 and a debt-to-equity ratio of 2,236.16.

Pepper Money Cuts Dividend

The business also recently declared a Final dividend, which will be paid on Wednesday, April 17th. Shareholders of record on Wednesday, April 17th will be issued a $0.05 dividend. This represents a yield of 3.04%. The ex-dividend date of this dividend is Tuesday, March 12th. Pepper Money’s payout ratio is 37.50%.

Pepper Money Company Profile

(Get Free Report)

Pepper Money Limited operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand. It operates through three segments: Mortgages, Asset Finance, and Loan and Other Servicing. The Mortgages segment engages in the financing of residential home loans and small balance commercial real estate loans.

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