SEEK Limited (ASX:SEK) Insider Acquires A$1,805,262.06 in Stock

SEEK Limited (ASX:SEK) insider Ian Narev bought 70,463 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average price of A$25.62 ($15.91) per share, for a total transaction of A$1,805,262.06 ($1,121,280.78).

Ian Narev also recently made the following trade(s):

• On Monday, February 24th, Ian Narev sold 294 shares of SEEK stock. The shares were sold at an average price of A$25.37 ($15.76), for a total transaction of A$7,457.90 ($4,632.23).

SEEK Stock Performance

The company has a market capitalization of $8.53 billion, a P/E ratio of 241.56, a P/E/G ratio of 2.96 and a beta of 1.24. The company has a quick ratio of 0.78, a current ratio of 0.86 and a debt-to-equity ratio of 54.57.

SEEK Increases Dividend

The company also recently declared a Interim dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, April 1st will be given a dividend of $0.24 per share. This represents a dividend yield of 0.92%. This is a boost from SEEK’s previous Interim dividend of $0.19. The ex-dividend date is Monday, March 17th. SEEK’s payout ratio is presently -188.24%.

About SEEK

SEEK Limited, together with its subsidiaries, engages in the provision of online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. It operates through ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio investments, and SEEK Growth Fund segments.