Ian Narev Buys 70,463 Shares of SEEK Limited (ASX:SEK) Stock

SEEK Limited (ASX:SEK) insider Ian Narev bought 70,463 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was purchased at an average cost 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 stock was sold at an average price of A$25.37 ($15.76), for a total value of A$7,457.90 ($4,632.23).

SEEK Stock Performance

The stock has a market capitalization of $8.53 billion, a price-to-earnings ratio of 241.56, a PEG ratio of 2.96 and a beta of 1.24. The company has a debt-to-equity ratio of 54.57, a current ratio of 0.86 and a quick ratio of 0.78.

SEEK Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, April 1st will be given a dividend of $0.24 per share. This is an increase from SEEK’s previous Interim dividend of $0.19. This represents a yield of 0.92%. The ex-dividend date of this dividend is Monday, March 17th. SEEK’s dividend payout ratio (DPR) is currently -188.24%.

SEEK Company Profile

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.