Servcorp Limited (ASX:SRV) Insider Alfred Moufarrige Buys 7,500 Shares of Stock

Servcorp Limited (ASX:SRV) insider Alfred Moufarrige bought 7,500 shares of Servcorp stock in a transaction on Thursday, March 27th. The stock was acquired at an average cost of A$5.35 ($3.34) per share, for a total transaction of A$40,125.00 ($25,078.13).

Alfred Moufarrige also recently made the following trade(s):

• On Friday, March 14th, Alfred Moufarrige purchased 22,600 shares of Servcorp stock. The shares were bought at an average cost of A$5.30 ($3.31) per share, for a total transaction of A$119,734.80 ($74,834.25).

Servcorp Price Performance

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

Servcorp Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, April 1st will be paid a $0.14 dividend. The ex-dividend date is Monday, March 3rd. This represents a dividend yield of 2.48%. This is an increase from Servcorp’s previous Interim dividend of $0.09. Servcorp’s dividend payout ratio is currently 65.00%.

About Servcorp

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.