IDP Education Limited (IEL) to Issue Interim Dividend of $0.09 on March 26th

IDP Education Limited (ASX:IEL) declared a interim dividend on Friday, February 28th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.09 per share on Wednesday, March 26th. This represents a dividend yield of 0.9%. The ex-dividend date is Tuesday, March 4th. This is an increase from IDP Education’s previous interim dividend of $0.08.

IDP Education Stock Performance

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

Insider Activity

In other news, insider Tennealle O’Shannessy acquired 4,361 shares of the stock in a transaction dated Thursday, February 13th. The shares were acquired at an average cost of A$12.41 ($7.71) per share, for a total transaction of A$54,120.01 ($33,614.91). 16.38% of the stock is currently owned by company insiders.

IDP Education Company Profile

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.