The GPT Group (ASX:GPT – Get Free Report) insider Shane Gannon bought 16,000 shares of the stock in a transaction dated Thursday, September 12th. The shares were purchased at an average price of A$5.09 ($3.44) per share, for a total transaction of A$81,488.00 ($55,059.46).
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 0.47.
The GPT Group Cuts Dividend
The firm also recently declared a Interim dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 29th were paid a $0.12 dividend. The ex-dividend date was Wednesday, June 26th. This represents a dividend yield of 2.74%. The GPT Group’s dividend payout ratio (DPR) is presently -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.
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