Servcorp (ASX:SRV) Insider Alfred Moufarrige Buys 10,000 Shares

Servcorp Limited (ASX:SRV) insider Alfred Moufarrige purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was bought at an average price of A$7.80 per share, with a total value of A$78,000.00.

Servcorp Stock Performance

The stock has a market cap of $523.01 million, a PE ratio of 4.44, a P/E/G ratio of 1.97 and a beta of 0.93. The company has a quick ratio of 0.84, a current ratio of 0.51 and a debt-to-equity ratio of 190.73.

Servcorp Dividend Announcement

The company also recently disclosed a Interim dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.16 per share. This represents a yield of 207.0%. The ex-dividend date of this dividend is Tuesday, March 3rd. Servcorp’s payout ratio is presently 65.00%.

Servcorp Company Profile

Servcorp Limited provides executive serviced and virtual offices, coworking and IT, communications, and secretarial services. It offers office space solutions; and virtual office services, including office business address, secretary and receptionist, mail forwarding, and telephone answering services. The company also provides co-working and meeting room services. It operates in Australia, New Zealand, Southeast Asia, the United States, Europe, the Middle East, North Asia, and internationally. The company was founded in 1978 and is headquartered in Sydney, Australia.