The GPT Group (ASX:GPT – Get Free Report) announced a final dividend on Wednesday, December 18th,MarketIndexAU Dividends reports. Shareholders of record on Thursday, February 27th will be paid a dividend of 0.12 per share on Thursday, February 27th. This represents a yield of 2.67%. The ex-dividend date is Sunday, December 29th. This is an increase from The GPT Group’s previous final dividend of $0.10.
The GPT Group Stock Performance
The company has a debt-to-equity ratio of 48.92, a current ratio of 0.47 and a quick ratio of 0.36.
Insider Buying and Selling
In related news, insider Russell Proutt purchased 50,000 shares of the business’s stock in a transaction dated Monday, September 30th. The shares were bought at an average price of A$5.05 ($3.20) per share, with a total value of A$252,500.00 ($159,810.13). Corporate insiders own 0.57% of the company’s stock.
The GPT Group Company Profile
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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