Servcorp Limited (ASX:SRV) Insider Alfred Moufarrige Purchases 7,500 Shares

Servcorp Limited (ASX:SRV) insider Alfred Moufarrige acquired 7,500 shares of the business’s stock in a transaction dated Thursday, March 27th. The stock was acquired at an average price of A$5.35 ($3.36) per share, with a total value of A$40,125.00 ($25,235.85).

Alfred Moufarrige also recently made the following trade(s):

• On Friday, March 14th, Alfred Moufarrige purchased 22,600 shares of Servcorp stock. The stock was bought at an average cost of A$5.30 ($3.33) per share, for a total transaction of A$119,734.80 ($75,304.91).

Servcorp Stock Performance

The firm has a market cap of $523.01 million, a PE ratio of 4.44, a price-to-earnings-growth ratio of 1.97 and a beta of 0.93. The company has a debt-to-equity ratio of 190.73, a quick ratio of 0.84 and a current ratio of 0.51.

Servcorp Increases Dividend

The business also recently declared a Interim dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, April 1st were paid a $0.14 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from Servcorp’s previous Interim dividend of $0.09. This represents a yield of 2.48%. Servcorp’s dividend payout ratio (DPR) is currently 65.00%.

About Servcorp

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.