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

Servcorp Limited (ASX:SRV) insider Alfred Moufarrige bought 10,000 shares of the stock in a transaction on Monday, February 23rd. The stock was acquired at an average cost of A$7.80 per share, for a total transaction of A$78,000.00.

Servcorp Price Performance

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

Servcorp Announces Dividend

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