Paul Rogan Acquires 45,000 Shares of IDP Education (ASX:IEL) Stock

IDP Education Limited (ASX:IEL) insider Paul Rogan bought 45,000 shares of the company’s stock in a transaction on Tuesday, September 16th. The shares were bought at an average price of A$5.63 per share, for a total transaction of A$253,215.00.

IDP Education Stock Performance

The company has a market capitalization of $3.45 billion, a price-to-earnings ratio of 26.01, a P/E/G ratio of 1.50 and a beta of 1.27. The company has a current ratio of 1.59, a quick ratio of 1.51 and a debt-to-equity ratio of 75.71.

IDP Education Cuts Dividend

The company also recently announced a Final dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 24th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a dividend yield of 89.0%. IDP Education’s dividend payout ratio (DPR) is currently 70.83%.

About IDP Education

IDP Education Limited engages in the placement of students into education institutions in Australia, the United Kingdom, the United States, Canada, New Zealand, and Ireland. Its services include counselling, application processing, pre-departure guidance, student placement and examinations, English language teaching, client relations, online student recruitment, as well as examinations support and shared services.