Pepper Money Limited (ASX:PPM) Declares Dividend Increase – $0.07 Per Share

Pepper Money Limited (ASX:PPM) announced a final dividend on Friday, February 28th, MarketIndexAU Dividends reports. Shareholders of record on Thursday, April 17th will be paid a dividend of 0.071 per share on Thursday, April 17th. This represents a yield of 5.13%. The ex-dividend date of this dividend is Wednesday, March 12th. This is a 42.0% increase from Pepper Money’s previous final dividend of $0.05.

Pepper Money Price Performance

The stock has a market cap of $646.76 million, a price-to-earnings ratio of 6.20, a PEG ratio of -1.72 and a beta of 1.18.

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.