IPH Limited (ASX:IPH) Insider Vicki Carter Acquires 15,957 Shares

IPH Limited (ASX:IPH) insider Vicki Carter acquired 15,957 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average cost of A$4.88 ($3.03) per share, with a total value of A$77,918.03 ($48,396.29).

IPH Stock Performance

The company has a market cap of $1.30 billion, a PE ratio of 19.57, a PEG ratio of 3.45 and a beta of 0.16. The company has a current ratio of 2.77, a quick ratio of 2.74 and a debt-to-equity ratio of 77.53.

IPH Increases Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be paid a dividend of $0.17 per share. This represents a yield of 3.48%. The ex-dividend date of this dividend is Monday, February 24th. This is a boost from IPH’s previous Interim dividend of $0.16. IPH’s dividend payout ratio is currently 140.00%.

About IPH

IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products. It operates through three segments: Australian and New Zealand IP, Canadian IP, and Asian IP. The company offers IP services related to the provision of filing, prosecution, enforcement, and management of patents, designs, trade marks, legal services, and other IP.