Praemium (ASX:PPS) Insider Purchases A$115,350.00 in Stock

Praemium Limited (ASX:PPSGet Free Report) insider Barry Lewin acquired 150,000 shares of Praemium stock in a transaction that occurred on Monday, August 25th. The shares were bought at an average price of A$0.77 per share, for a total transaction of A$115,350.00.

Praemium Stock Performance

The stock has a market capitalization of $398.89 million, a P/E ratio of 46.42, a P/E/G ratio of 1.00 and a beta of 0.98. The company has a debt-to-equity ratio of 1.80, a current ratio of 2.47 and a quick ratio of 1.96.

Praemium Increases Dividend

The firm also recently announced a Final dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 17th will be given a $0.013 dividend. This is an increase from Praemium’s previous Final dividend of $0.01. This represents a yield of 168.0%. The ex-dividend date is Tuesday, September 2nd. Praemium’s dividend payout ratio (DPR) is presently 50.00%.

Praemium Company Profile

(Get Free Report)

Praemium Limited, together with its subsidiaries, provides advisors and wealth management solutions by seamless digital platform experience in Australia and internationally. The company offers technology solutions, such as reporting, online business management, digital engagement, tax and corporate actions, and investment governance.

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