IDP Education (ASX:IEL) Insider Colin Stirling Acquires 4,000 Shares

IDP Education Limited (ASX:IEL) insider Colin Stirling purchased 4,000 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were purchased at an average price of A$5.50 per share, for a total transaction of A$22,000.00.

Colin Stirling also recently made the following trade(s):

• On Monday, June 30th, Colin Stirling acquired 2,666 shares of IDP Education stock. The stock was purchased at an average price of A$3.64 per share, with a total value of A$9,704.24.

IDP Education Price Performance

The company has a quick ratio of 1.51, a current ratio of 1.59 and a debt-to-equity ratio of 75.71. The stock has a market cap of $3.45 billion, a PE ratio of 26.01, a P/E/G ratio of 1.50 and a beta of 1.27.

IDP Education Cuts Dividend

The company also recently declared a Final dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 24th will be issued a dividend of $0.05 per share. This represents a dividend yield of 89.0%. The ex-dividend date of this dividend is Tuesday, September 9th. IDP Education’s dividend payout ratio is presently 70.83%.

About IDP Education

IDP Education Limited engages in the placement of students into education institutions in Australia, the United Kingdom, the United States, Canada, New Zealand, and Ireland. Its services include counselling, application processing, pre-departure guidance, student placement and examinations, English language teaching, client relations, online student recruitment, as well as examinations support and shared services.