Kip McGrath Education Centres Limited (KME) To Go Ex-Dividend on March 10th

Kip McGrath Education Centres Limited (ASX:KME) announced a final dividend on Thursday, February 26th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 25th will be paid a dividend of 0.01 per share on Wednesday, March 25th. This represents a dividend yield of 204.0%. The ex-dividend date is Tuesday, March 10th.

Kip McGrath Education Centres Price Performance

The company has a market cap of $24.73 million, a P/E ratio of 18.77 and a beta of 0.79. The company has a debt-to-equity ratio of 15.57, a current ratio of 0.90 and a quick ratio of 0.85.

Insider Activity at Kip McGrath Education Centres

In other news, insider Damian Banks purchased 100,000 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were purchased at an average price of A$0.56 per share, with a total value of A$56,100.00. 35.62% of the stock is owned by corporate insiders.

About Kip McGrath Education Centres

Kip McGrath Education Centres Limited provides tutoring services in Australasia, Europe, the United States, the United Kingdom, and internationally. The company provides tutorial assistance in English and Maths to primary and secondary students; and online tutoring services. It also sells and services to franchise network. The company operates through tutoring centers. Kip McGrath Education Centres Limited was founded in 1976 and is headquartered in Newcastle, Australia.