Praemium Limited (ASX:PPS – Get Free Report) insider Anthony Wamsteker bought 102,261 shares of the stock in a transaction that occurred on Friday, March 14th. The shares were purchased at an average cost of A$0.67 ($0.42) per share, with a total value of A$68,003.57 ($42,769.54).
Praemium Stock Performance
The firm has a market capitalization of $398.89 million, a price-to-earnings ratio of 46.42, a PEG ratio of 1.00 and a beta of 0.98. The company has a debt-to-equity ratio of 1.80, a current ratio of 2.47 and a quick ratio of 1.96.
Praemium Cuts Dividend
The firm also recently announced a Interim dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th were issued a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a yield of 1.38%. Praemium’s payout ratio is currently 50.00%.
About Praemium
Praemium Limited, together with its subsidiaries, provides advisors and wealth management solutions by seamless digital platform experience in Australia and internationally. The company offers technology solutions, such as reporting, online business management, digital engagement, tax and corporate actions, and investment governance.
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