Medibank Private Limited (ASX:MPL) Plans Final Dividend of $0.08

Medibank Private Limited (ASX:MPL) declared a final dividend on Monday, September 11th, MarketIndexAU reports. Investors of record on Wednesday, October 4th will be given a dividend of 0.083 per share on Wednesday, October 4th. This represents a yield of 2.33%. The ex-dividend date is Tuesday, September 12th. This is a positive change from Medibank Private’s previous final dividend of $0.07.

Medibank Private Price Performance

The company has a quick ratio of 1.50, a current ratio of 1.74 and a debt-to-equity ratio of 2.65.

Insider Buying and Selling

In other Medibank Private news, insider David Koczkar purchased 128,726 shares of the stock in a transaction that occurred on Friday, September 1st. The shares were purchased at an average cost of A$3.63 ($2.34) per share, for a total transaction of A$467,275.38 ($301,467.99). 0.63% of the stock is currently owned by company insiders.

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.