The GPT Group (ASX:GPT) Insider Acquires A$248,000.00 in Stock

The GPT Group (ASX:GPT) insider Russell Proutt purchased 50,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were bought at an average cost of A$4.96 per share, with a total value of A$248,000.00.

Russell Proutt also recently made the following trade(s):

• On Tuesday, February 17th, Russell Proutt purchased 100,000 shares of The GPT Group stock. The stock was bought at an average price of A$5.10 per share, with a total value of A$510,000.00.

The GPT Group Price Performance

The company has a debt-to-equity ratio of 48.92, a quick ratio of 0.36 and a current ratio of 0.46. The firm has a market cap of $8.72 billion, a PE ratio of -17.85, a price-to-earnings-growth ratio of 3.69 and a beta of 1.08.

The GPT Group Dividend Announcement

The business also recently announced a Final dividend, which will be paid on Thursday, February 26th. Stockholders of record on Thursday, February 26th will be paid a $0.12 dividend. This represents a dividend yield of 215.0%. The ex-dividend date is Monday, December 29th. The GPT Group’s dividend payout ratio is -100.00%.

About The GPT Group

GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.