Arena REIT (ASX:ARF – Get Free Report) announced a interim dividend on Tuesday, September 24th, MarketIndexAU reports. Stockholders of record on Wednesday, November 6th will be given a dividend of 0.046 per share by the real estate investment trust on Wednesday, November 6th. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, September 26th. This is a boost from Arena REIT’s previous interim dividend of $0.04.
Arena REIT Stock Performance
The company has a debt-to-equity ratio of 31.08, a quick ratio of 0.94 and a current ratio of 0.72.
Insider Buying and Selling at Arena REIT
In other news, insider Helen Thornton purchased 7,937 shares of Arena REIT stock in a transaction that occurred on Tuesday, August 27th. The shares were acquired at an average price of A$3.78 ($2.59) per share, for a total transaction of A$30,001.86 ($20,549.22). Insiders own 1.88% of the company’s stock.
Arena REIT Company Profile
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.
Featured Articles
- Five stocks we like better than Arena REIT
- What Does Downgrade Mean in Investing?
- Analyst Think There’s Still Time to Get in on Edgewise, Up 332%
- How to Plot Fibonacci Price Inflection Levels
- 3 Stocks Raising Dividends 4X Higher Than Inflation
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Palantir Stock Joins the S&P 500; Is It Time to Buy?
Receive News & Ratings for Arena REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arena REIT and related companies with MarketBeat.com's FREE daily email newsletter.
