Insider Buying: REA Group (ASX:REA) Insider Purchases 285 Shares of Stock

REA Group Limited (ASX:REA) insider Nicholas (Nick) Dowling acquired 285 shares of the stock in a transaction dated Friday, February 13th. The stock was acquired at an average cost of A$163.00 per share, for a total transaction of A$46,455.00.

REA Group Stock Performance

The company has a current ratio of 1.53, a quick ratio of 1.57 and a debt-to-equity ratio of 18.28. The firm has a market capitalization of $35.68 billion, a price-to-earnings ratio of 117.85, a P/E/G ratio of 3.14 and a beta of 1.07.

REA Group Dividend Announcement

The business also recently announced a Interim dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 17th will be issued a $1.24 dividend. This represents a dividend yield of 74.0%. The ex-dividend date is Monday, March 2nd. REA Group’s payout ratio is presently 89.47%.

REA Group Company Profile

REA Group Limited engages in online property advertising business in Australia, India, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, smartline.com.au, makaan.com, housing.com, PropTiger.com, realtor.com, Flatmates.com.au, property.com.au, simpology.com.au, campaignagent.com.au, proptrack.com.au, myfun.com, housing.com, propertygurugroup.com, realtor.com, spacely.com.au, rumah123.com, iproperty.com.sg, 99.co, and 1form.com.au.