SEEK Limited (ASX:SEK) Insider Michael Wachtel Purchases 2,000 Shares of Stock

SEEK Limited (ASX:SEK) insider Michael Wachtel acquired 2,000 shares of the business’s stock in a transaction on Monday, April 7th. The stock was acquired at an average price of A$19.29 ($12.21) per share, with a total value of A$38,574.00 ($24,413.92).

SEEK Stock Performance

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

SEEK Increases Dividend

The business also recently announced a Interim dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, April 1st were given a dividend of $0.24 per share. This is a positive change from SEEK’s previous Interim dividend of $0.19. This represents a yield of 0.92%. The ex-dividend date of this dividend was Monday, March 17th. SEEK’s dividend payout ratio is presently -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.