Stockland (ASX:SGP) Trading Down 0.2%

Shares of Stockland Co. Ltd (ASX:SGP) fell 0.2% on Friday . The stock traded as low as A$4.41 ($3.13) and last traded at A$4.43 ($3.14), 6,145,046 shares were traded during trading. A decline of 19% from the average session volume of 7,620,000 shares. The stock had previously closed at A$4.44 ($3.15).

The company has a fifty day simple moving average of A$4.57 and a two-hundred day simple moving average of A$4.13. The company has a quick ratio of 0.09, a current ratio of 0.41 and a debt-to-equity ratio of 49.96. The stock has a market capitalization of $10.60 billion and a P/E ratio of 34.08.

The firm also recently announced a Final dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 30th were issued a dividend of $0.141 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a yield of 3.18%. Stockland’s dividend payout ratio is presently 215.38%.

In other Stockland news, insider Mark Steinert 327,755 shares of the stock in a transaction on Monday, September 2nd.

About Stockland (ASX:SGP)

Stockland (ASX: SGP) was founded in 1952 and has grown to become Australia's largest diversified property group – owning, developing and managing a large portfolio of shopping centres, residential communities, workplace and logistic assets and retirement living villages. Stockland is rated as the most sustainable real estate company in the world in 2018 by the Dow Jones Sustainability World Index (DJSI).

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