SEEK Limited (ASX:SEK) Insider Ian Narev Purchases 70,463 Shares

SEEK Limited (ASX:SEK) insider Ian Narev purchased 70,463 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The shares were purchased at an average price of A$25.62 ($16.22) per share, for a total transaction of A$1,805,262.06 ($1,142,570.92).

Ian Narev also recently made the following trade(s):

• On Monday, February 24th, Ian Narev sold 294 shares of SEEK stock. The shares were sold at an average price of A$25.37 ($16.06), for a total transaction of A$7,457.90 ($4,720.19).

SEEK Price Performance

The company has a market cap of $8.53 billion, a P/E ratio of 241.56, a price-to-earnings-growth ratio of 2.96 and a beta of 1.24. The company has a debt-to-equity ratio of 54.57, a quick ratio of 0.78 and a current ratio of 0.86.

SEEK Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, April 1st will be paid a $0.24 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a dividend yield of 0.92%. This is a positive change from SEEK’s previous Interim dividend of $0.19. SEEK’s dividend payout ratio (DPR) is -188.24%.

About SEEK

SEEK Limited, together with its subsidiaries, engages in the provision of online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. It operates through ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio investments, and SEEK Growth Fund segments.