Insider Buying: IPH Limited (ASX:IPH) Insider Buys 148,528 Shares of Stock

IPH Limited (ASX:IPH) insider Andrew Blattman purchased 148,528 shares of the company’s stock in a transaction on Tuesday, August 27th. The stock was purchased at an average price of A$6.34 ($4.28) per share, for a total transaction of A$941,667.52 ($636,261.84).

IPH Stock Performance

The company has a quick ratio of 2.74, a current ratio of 2.77 and a debt-to-equity ratio of 77.53.

IPH Increases Dividend

The business also recently disclosed a Final dividend, which will be paid on Thursday, September 19th. Stockholders of record on Thursday, September 19th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Monday, August 26th. This is a boost from IPH’s previous Final dividend of $0.18. This represents a dividend yield of 2.93%. IPH’s dividend payout ratio (DPR) is 140.00%.

About IPH

IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products in Australia, New Zealand, Asia, Canada, and internationally. It operates through four segments: Intellectual Property Services Australia & New Zealand, Intellectual Property Services Asia, Intellectual Property Services Canada, and Adjacent Businesses.