Pepper Money Limited (ASX:PPM – Get Free Report) insider James O’Shea bought 20,000 shares of the stock in a transaction on Monday, September 9th. The stock was purchased at an average cost of A$1.36 ($0.91) per share, with a total value of A$27,200.00 ($18,133.33).
Pepper Money Stock Performance
The company has a current ratio of 1,017.98, a quick ratio of 544.44 and a debt-to-equity ratio of 2,037.79.
Pepper Money Increases Dividend
The firm also recently announced a Interim dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Wednesday, October 9th will be paid a $0.05 dividend. This represents a yield of 3.7%. This is a boost from Pepper Money’s previous Interim dividend of $0.04. The ex-dividend date of this dividend is Tuesday, September 10th. Pepper Money’s payout ratio is presently 45.45%.
About Pepper Money
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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