Medibank Private Limited (ASX:MPL) Increases Dividend to $0.10 Per Share

Medibank Private Limited (ASX:MPL) declared a final dividend on Friday, August 29th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, October 8th will be paid a dividend of 0.102 per share on Wednesday, October 8th. This represents a dividend yield of 200.0%. The ex-dividend date of this dividend is Tuesday, September 9th. This is a 8.5% increase from Medibank Private’s previous final dividend of $0.09.

Medibank Private Price Performance

The company has a quick ratio of 1.50, a current ratio of 13.03 and a debt-to-equity ratio of 9.47. The firm has a market capitalization of $10.88 billion, a PE ratio of 2,797.84 and a beta of 0.20.

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.