Insider Buying: Arena REIT (ASX:ARF) Insider Acquires 8,970 Shares of Stock

Arena REIT (ASX:ARFGet Free Report) insider Helen Thornton acquired 8,970 shares of the stock in a transaction that occurred on Tuesday, December 24th. The stock was purchased at an average price of A$3.92 ($2.43) per share, with a total value of A$35,162.40 ($21,840.00).

Arena REIT Price Performance

The company has a quick ratio of 0.94, a current ratio of 0.72 and a debt-to-equity ratio of 31.08.

Arena REIT Dividend Announcement

The firm also recently disclosed a Interim dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Wednesday, February 5th will be issued a dividend of $0.046 per share. This represents a dividend yield of 1.18%. The ex-dividend date of this dividend is Sunday, December 29th. Arena REIT’s dividend payout ratio (DPR) is presently 112.50%.

About Arena REIT

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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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