Medibank Private Limited (ASX:MPL – Get Free Report) insider Jacqueline Hey purchased 11,448 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were purchased at an average price of A$4.42 per share, for a total transaction of A$50,600.16.
Medibank Private Price Performance
The firm has a market cap of $12.12 billion, a P/E ratio of 26.15 and a beta of 0.20.
Medibank Private Announces Dividend
The business also recently disclosed a Interim dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 17th will be issued a dividend of $0.083 per share. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a yield of 186.0%. Medibank Private’s payout ratio is currently 102.78%.
About Medibank Private
Medibank Private Limited provides private health insurance and health services in Australia. The company operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment provides private health insurance products, including hospital cover that offers members with health cover for hospital treatments; and ancillary cover, which provides members with health cover for healthcare services, such as dental, optical, and physiotherapy. This segment also offers health insurance products to overseas visitors and overseas students.
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