Insider Buying: Sonic Healthcare (ASX:SHL) Insider Acquires 1,500 Shares of Stock

Sonic Healthcare Limited (ASX:SHL) insider Mark Compton acquired 1,500 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were purchased at an average cost of A$21.57 per share, for a total transaction of A$32,355.00.

Sonic Healthcare Price Performance

The company has a market cap of $13.84 billion, a P/E ratio of 26.85, a price-to-earnings-growth ratio of -1.19 and a beta of 0.51. The company has a debt-to-equity ratio of 57.03, a current ratio of 1.01 and a quick ratio of 0.96.

Sonic Healthcare Dividend Announcement

The firm also recently disclosed a Final dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 17th were issued a dividend of $0.63 per share. This represents a dividend yield of 256.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Sonic Healthcare’s dividend payout ratio (DPR) is presently 99.07%.

About Sonic Healthcare

Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal testing, toxicology, and ancillary functions; and radiology services, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry.