Garda Property Group (ASX:GDF – Get Free Report) insider Matthew Madsen sold 100,000 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of A$1.20 ($0.79), for a total transaction of A$120,000.00 ($79,470.20).
Garda Property Group Stock Performance
The company has a quick ratio of 2.72, a current ratio of 10.06 and a debt-to-equity ratio of 63.32.
Garda Property Group Increases Dividend
The firm also recently declared a Interim dividend, which was paid on Monday, October 14th. Shareholders of record on Monday, October 14th were issued a $0.018 dividend. The ex-dividend date was Wednesday, September 25th. This is an increase from Garda Property Group’s previous Interim dividend of $0.02. This represents a yield of 1.51%. Garda Property Group’s payout ratio is -28.57%.
About Garda Property Group
Garda Diversified Property Fund is a real estate investment trust externally managed by Garda Capital Group. It invests in real estate markets of Australia. The fund intends to invest in commercial offices in city and suburban markets as well as industrial facilities along the eastern seaboard of Australia.
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