Goodman Group (ASX:GMG) Insider Gregory (Greg) Goodman Purchases 1,781,827 Shares of Stock
Goodman Group (ASX:GMG) insider Gregory (Greg) Goodman bought 1,781,827 shares of the company’s stock in a transaction dated Monday, September 2nd. The stock was purchased at an average cost of A$14.26 ($10.11) per share, for a total transaction of A$25,408,853.02 ($18,020,463.13).
Goodman Group stock traded down A$0.32 ($0.23) during trading hours on Friday, hitting A$13.68 ($9.70). The company had a trading volume of 8,679,281 shares, compared to its average volume of 4,650,000. The firm has a market cap of $24.81 billion and a PE ratio of 15.67. The company has a debt-to-equity ratio of 28.27, a current ratio of 2.91 and a quick ratio of 2.54. Goodman Group has a one year low of A$9.85 ($6.99) and a one year high of A$16.10 ($11.42). The firm has a 50-day moving average of A$14.95 and a 200 day moving average of A$13.92.
The business also recently declared a Final dividend, which will be paid on Monday, September 9th. Shareholders of record on Monday, September 9th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a yield of 0.97%. Goodman Group’s dividend payout ratio is currently 34.36%.
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally.
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