Insider Buying: G8 Education Limited (ASX:GEM) Insider Acquires 950,805 Shares of Stock

G8 Education Limited (ASX:GEMGet Free Report) insider Pejman Okhovat purchased 950,805 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was bought at an average cost of A$1.29 ($0.81) per share, for a total transaction of A$1,226,538.45 ($771,407.83).

G8 Education Stock Performance

The firm has a market cap of $1.10 billion, a PE ratio of 17.99, a price-to-earnings-growth ratio of 3.06 and a beta of 1.04. The company has a debt-to-equity ratio of 87.43, a quick ratio of 0.38 and a current ratio of 0.33.

G8 Education Cuts Dividend

The business also recently declared a Final dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, April 2nd will be paid a $0.035 dividend. This represents a yield of 2.53%. The ex-dividend date is Wednesday, March 5th. G8 Education’s dividend payout ratio is presently 62.50%.

About G8 Education

(Get Free Report)

G8 Education Limited provides early childhood education and care services in Australia. It offers its services under various brands. The company was incorporated in 2006 and is based in Varsity Lakes, Australia.

Further Reading

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