Servcorp Limited (ASX:SRV) Insider Acquires A$128,904.24 in Stock

Servcorp Limited (ASX:SRV) insider Alfred Moufarrige acquired 26,036 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was acquired at an average price of A$4.95 ($3.26) per share, for a total transaction of A$128,904.24 ($84,805.42).

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

• On Thursday, September 19th, Alfred Moufarrige purchased 100,000 shares of Servcorp stock. The stock was acquired at an average cost of A$4.90 ($3.22) per share, with a total value of A$490,000.00 ($322,368.42).

Servcorp Stock Performance

The company has a debt-to-equity ratio of 190.73, a quick ratio of 0.84 and a current ratio of 0.79.

Servcorp Increases Dividend

The business also recently declared a Final dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, October 1st were given a $0.13 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from Servcorp’s previous Final dividend of $0.12. This represents a yield of 2.7%. Servcorp’s payout ratio is 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.