Diverger Share Price and Company Fundamentals
Last traded: Today at 5:19 AM
Easton Investments Limited is a publicly owned investment manager. It invests in funds which invest in the public equity markets across the globe with a focus on Australia. It also invests in property securities and hedge funds. It was formerly known as Equities and Freeholds Limited. Easton Investments Limited was formed on August 2, 2005 and is based in Sydney, Australia.
Key Metrics
PE ratio
10.67
PB ratio
0.95
Dividend yield
4.04%
Beta
0.64
Market cap
-
Enterprise value
-
Company profile
| Primary activities | Investment in listed companies and unlisted wealth management businesses. |
|---|---|
| Industry / Sector | Asset Management / Financial Services |
| Website | https://www.eastoninvestments.com.au |
| Mailing address | Level Two 115 Pitt Street Sydney NSW 2000 Australia |
| Phone / Fax | 61 2 9221 6666 / 61 2 9221 6305 |
| Share registry | LINK MARKET SERVICES LIMITED |
Dividends
More: Diverger Dividend history, yield and payout ratio
Dividend yield
4.04%
Dividend amount
$0.04
Payout ratio
44.94%
Diverger paid $0.04 dividend and the ex-dividend date was 12 Sept 2022.The dividend payout ratio is 44.94%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.DVR dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
DVR's forward dividend amount is $0.04 and the forward dividend yield is 4.21%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Aug 2022, following are the company executives and directors listed on Diverger.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Nathan Jacobsen | MD & Director | 432.34k | |
| Mr. Michael A. Harris | CFO & Joint Company Sec. | 388.5k | |
| Ms. Lisa M. Armstrong | Managing Director of Knowledge Shop Pty Ltd | 398k | |
| Mr. Mark Andrew Licciardo B Bus (Acc), FCIS, FGIA, GAICD, GradDip CSP | Joint Company Sec. | 57 |
Profitability and management effectiveness
Profit margin
2.85%
Operating margin
4.42%
Return on assets
6.46%
Return on equity
9.81%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Diverger is and its enterprise value is .
The DVR's stocks Beta value is 0.64 making it 36% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Diverger (ASX:DVR) Frequently Asked Questions
1. What is Diverger's Stock Symbol?
Diverger trades on ASX under the ticker symbol "DVR".
2. What is Diverger's stock price today?
One share of DVR stock can currently be purchased for approximately $0.99.
3. How can I contact Diverger?
Diverger's mailing address is Level Two 115 Pitt Street Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9221 6666.
4. What is Diverger's official website?
The official website of Diverger is https://www.eastoninvestments.com.au.
5. Which share registry manages Diverger's stock?
Diverger's stock is managed by LINK MARKET SERVICES LIMITED.