Medibank Private Limited (ASX:MPL) Insider David Koczkar Acquires 457,907 Shares

Medibank Private Limited (ASX:MPL) insider David Koczkar purchased 457,907 shares of the firm’s stock in a transaction on Monday, September 2nd. The shares were acquired at an average cost of A$3.99 ($2.71) per share, with a total value of A$1,827,048.93 ($1,242,890.43).

Medibank Private Stock Performance

The company has a debt-to-equity ratio of 9.47, a quick ratio of 1.50 and a current ratio of 1.89.

Medibank Private Increases Dividend

The business also recently disclosed a Final dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 25th will be issued a dividend of $0.094 per share. The ex-dividend date is Tuesday, September 3rd. This represents a yield of 2.37%. This is a boost from Medibank Private’s previous Final dividend of $0.08. Medibank Private’s dividend payout ratio (DPR) is presently 94.44%.

Medibank Private Company Profile

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.