Insider Buying: IPH Limited (ASX:IPH) Insider Buys A$77,918.03 in Stock

IPH Limited (ASX:IPH) insider Vicki Carter acquired 15,957 shares of IPH stock in a transaction on Thursday, February 27th. The stock was purchased at an average price of A$4.88 ($3.09) per share, with a total value of A$77,918.03 ($49,315.21).

IPH Price 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. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 19.57, a P/E/G ratio of 3.45 and a beta of 0.16.

IPH Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a yield of 3.48%. This is a boost from IPH’s previous Interim dividend of $0.16. IPH’s payout ratio is currently 140.00%.

IPH Company Profile

IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products. It operates through three segments: Australian and New Zealand IP, Canadian IP, and Asian IP. The company offers IP services related to the provision of filing, prosecution, enforcement, and management of patents, designs, trade marks, legal services, and other IP.