Jacqueline Hey Purchases 11,448 Shares of Medibank Private (ASX:MPL) Stock

Medibank Private Limited (ASX:MPL) insider Jacqueline Hey acquired 11,448 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was acquired at an average cost of A$4.42 per share, with a total value of A$50,600.16.

Medibank Private Stock Performance

The stock has a market capitalization of $11.94 billion, a price-to-earnings ratio of 25.67 and a beta of 0.03.

Medibank Private Announces Dividend

The business also recently declared a Interim dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 17th will be given a $0.083 dividend. This represents a dividend yield of 186.0%. The ex-dividend date of this dividend is Wednesday, February 25th. Medibank Private’s payout ratio is presently 102.78%.

Medibank Private Company Profile

Medibank Private Limited provides private health insurance and health services in Australia. The company operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment provides private health insurance products, including hospital cover that offers members with health cover for hospital treatments; and ancillary cover, which provides members with health cover for healthcare services, such as dental, optical, and physiotherapy. This segment also offers health insurance products to overseas visitors and overseas students.