The GPT Group (ASX:GPT – Get Free Report) announced a final dividend on Wednesday, December 18th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, February 27th will be given a dividend of 0.12 per share on Thursday, February 27th. This represents a dividend 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 current ratio of 0.47, a quick ratio of 0.36 and a debt-to-equity ratio of 48.92.
Insider Activity
In other The GPT Group news, insider Russell Proutt bought 50,000 shares of the business’s stock in a transaction on Friday, September 27th. The shares were bought at an average cost of A$5.05 ($3.14) per share, with a total value of A$252,500.00 ($156,832.30). Insiders acquired 200,000 shares of company stock worth $949,500 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.
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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