Insider Buying: IPH Limited (ASX:IPH) Insider Acquires A$71,592.00 in Stock

by · The Markets Daily

IPH Limited (ASX:IPHGet Free Report) insider David Wiadrowski purchased 12,000 shares of the stock in a transaction dated Friday, September 13th. The stock was purchased at an average price of A$5.97 ($4.03) per share, for a total transaction of A$71,592.00 ($48,372.97).

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 firm also recently declared a Final dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 19th were given a dividend of $0.19 per share. The ex-dividend date was Monday, August 26th. This is an increase from IPH’s previous Final dividend of $0.18. This represents a dividend yield of 2.93%. IPH’s dividend payout ratio is presently 140.00%.

IPH Company Profile

(Get Free Report)

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.

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