Pejman Okhovat Acquires 950,805 Shares of G8 Education Limited (ASX:GEM) Stock

G8 Education Limited (ASX:GEMGet Free Report) insider Pejman Okhovat purchased 950,805 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was bought at an average cost of A$1.29 ($0.81) per share, with a total value of A$1,226,538.45 ($771,407.83).

G8 Education Price Performance

The firm has a market cap of $1.10 billion, a P/E ratio of 17.99, a PEG ratio of 3.06 and a beta of 1.04. The company has a current ratio of 0.33, a quick ratio of 0.38 and a debt-to-equity ratio of 87.43.

G8 Education Cuts Dividend

The company also recently disclosed a Final dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, April 2nd will be paid a $0.035 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a yield of 2.53%. G8 Education’s dividend payout ratio (DPR) is 62.50%.

G8 Education Company Profile

(Get Free Report)

G8 Education Limited provides early childhood education and care services in Australia. It offers its services under various brands. The company was incorporated in 2006 and is based in Varsity Lakes, Australia.

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