TPG Telecom Limited (ASX:TPG) Insider Buys A$1,608,489.60 in Stock

TPG Telecom Limited (ASX:TPG) insider Inaki Berroeta acquired 335,102 shares of the company’s stock in a transaction dated Monday, March 31st. The stock was bought at an average cost of A$4.80 ($2.87) per share, for a total transaction of A$1,608,489.60 ($963,167.43).

TPG Telecom Stock Performance

The firm has a market capitalization of $8.01 billion, a P/E ratio of 266.56, a PEG ratio of 1.67 and a beta of 0.01. The company has a current ratio of 0.79, a quick ratio of 0.41 and a debt-to-equity ratio of 55.82.

TPG Telecom Dividend Announcement

The company also recently disclosed a Final dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, April 3rd were issued a dividend of $0.09 per share. This represents a dividend yield of 2%. The ex-dividend date was Wednesday, March 5th. TPG Telecom’s dividend payout ratio is presently 900.00%.

TPG Telecom Company Profile

TPG Telecom Limited provides telecommunications services to consumer, business, enterprise, and government and wholesale customers in Australia. The company owns and operates fixed and mobile telecommunication services. It also offers mobile, voice, fibre internet, enterprise ethernet, SD-WAN, data, business answering, messaging, enterprise fixed wireless, IoT devices, cloud, mobile private network, business satellite, and call centre services.