Iress Limited (ASX:IRE) Insider Acquires A$19,941.00 in Stock

Iress Limited (ASX:IRE) insider Susan Forrester acquired 2,550 shares of Iress stock in a transaction dated Tuesday, February 25th. The shares were purchased at an average cost of A$7.82 ($4.86) per share, with a total value of A$19,941.00 ($12,385.71).

Iress Price Performance

The company has a market cap of $1.69 billion, a P/E ratio of 87.09, a P/E/G ratio of 2.48 and a beta of 1.14. The company has a quick ratio of 1.45, a current ratio of 1.98 and a debt-to-equity ratio of 129.62.

Iress Cuts Dividend

The firm also recently disclosed a Final dividend, which will be paid on Sunday, March 30th. Stockholders of record on Sunday, March 30th will be given a $0.10 dividend. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend is Sunday, March 9th. Iress’s dividend payout ratio is presently 511.11%.

Iress Company Profile

Iress Limited engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, scaled advice journeys, digital client solutions, data-driven compliance and analytics, and regulatory obligations management solutions; and market data, trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, securities lending, analytical tools, algorithmic trading, market making, CFD clearing, post trade solutions, and trading and market data APIs.