REA Group Limited (ASX:REA – Get Free Report) declared a final dividend on Thursday, August 15th, MarketIndexAU reports. Shareholders of record on Thursday, September 12th will be paid a dividend of 1.02 per share on Thursday, September 12th. This represents a yield of 0.49%. The ex-dividend date is Wednesday, August 28th. This is a positive change from REA Group’s previous final dividend of $0.83.
REA Group Stock Performance
The company has a quick ratio of 1.57, a current ratio of 2.28 and a debt-to-equity ratio of 31.56.
Insider Buying and Selling
In other news, insider Owen Wilson sold 1,000 shares of the company’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of A$191.75 ($126.15), for a total transaction of A$191,750.00 ($126,151.32). In other REA Group news, insider Tracey Fellows sold 4,000 shares of REA Group stock in a transaction on Thursday, June 20th. The stock was sold at an average price of A$190.95 ($125.62), for a total transaction of A$763,792.00 ($502,494.74). Also, insider Owen Wilson sold 1,000 shares of the business’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of A$191.75 ($126.15), for a total value of A$191,750.00 ($126,151.32). Over the last 90 days, insiders sold 6,000 shares of company stock worth $1,152,522. 62.29% of the stock is owned by corporate insiders.
About REA Group
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.
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