Medibank Private (ASX:MPL) Trading Up 0.9%

Medibank Private Ltd (ASX:MPL)’s share price was up 0.9% on Friday . The company traded as high as A$3.41 ($2.42) and last traded at A$3.41 ($2.42), approximately 5,964,936 shares changed hands during trading. The stock had previously closed at A$3.38 ($2.40).

The firm has a market cap of $9.39 billion and a price-to-earnings ratio of 20.42. The firm’s fifty day simple moving average is A$3.52.

The firm also recently declared a Final dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, September 26th will be issued a dividend of $0.099 per share. The ex-dividend date is Wednesday, September 4th. This represents a dividend yield of 2.88%. Medibank Private’s dividend payout ratio is currently 89.82%.

About Medibank Private (ASX:MPL)

Medibank Private Limited, an integrated healthcare company, provides private health insurance and health solutions in Australia. It operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment offers private health insurance products, including hospital cover that provides members with health cover for hospital treatments; and ancillary cover, which offers members with health cover for healthcare services, such as dental, optical, and physiotherapy.

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