Arena REIT (ASX:ARF – Get Free Report) declared a final dividend on Thursday, June 19th, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, August 6th will be paid a dividend of 0.046 per share by the real estate investment trust on Wednesday, August 6th. This represents a yield of 1.19%. The ex-dividend date is Thursday, June 26th. This is a 7.0% increase from Arena REIT’s previous final dividend of $0.04.
Arena REIT Stock Performance
The company has a market cap of $1.53 billion, a PE ratio of 23.60, a price-to-earnings-growth ratio of 4.56 and a beta of 1.13. The company has a current ratio of 0.72, a quick ratio of 0.94 and a debt-to-equity ratio of 35.21.
Insider Buying and Selling
In related news, insider Helen Thornton acquired 10,985 shares of the stock in a transaction dated Wednesday, April 2nd. The stock was bought at an average cost of A$3.50 ($2.27) per share, for a total transaction of A$38,447.50 ($24,965.91). Insiders have acquired a total of 11,710 shares of company stock valued at $40,976 over the last 90 days. 1.96% of the stock is owned by insiders.
About Arena REIT
Arena REIT is an ASX200 listed property group that develops, owns and manages social infrastructure properties across Australia. Our current portfolio of social infrastructure properties is leased to a diversified tenant base in the growing early learning and healthcare sectors.
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