Medibank Private (ASX:MPL) Trading Up 0.9%

Medibank Private Ltd (ASX:MPL)’s stock price was up 0.9% on Friday . The company traded as high as A$3.41 ($2.42) and last traded at A$3.41 ($2.42), approximately 5,964,936 shares changed hands during trading. The stock had previously closed at A$3.38 ($2.40).

The firm has a market cap of $9.39 billion and a PE ratio of 20.42. The business has a fifty day moving average of A$3.52.

The firm also recently announced a Final dividend, which will be paid on Thursday, September 26th. Investors of record on Thursday, September 26th will be issued a dividend of $0.099 per share. This represents a yield of 2.88%. The ex-dividend date is Wednesday, September 4th. Medibank Private’s payout ratio is 89.82%.

About Medibank Private (ASX:MPL)

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

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