Insider Buying: Mirvac Group (ASX:MGR) Insider Purchases A$32,400.00 in Stock

Mirvac Group (ASX:MGR) insider Rosemary Hartnett acquired 15,000 shares of Mirvac Group stock in a transaction that occurred on Wednesday, February 19th. The shares were bought at an average price of A$2.16 ($1.35) per share, with a total value of A$32,400.00 ($20,250.00).

Mirvac Group Stock Performance

The stock has a market cap of $7.89 billion, a PE ratio of -9.80, a P/E/G ratio of 4.00 and a beta of 1.17. The company has a debt-to-equity ratio of 47.91, a current ratio of 1.50 and a quick ratio of 0.53.

Mirvac Group Dividend Announcement

The business also recently disclosed a Interim dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 26th were given a dividend of $0.045 per share. The ex-dividend date was Sunday, December 29th. This represents a yield of 2.31%. Mirvac Group’s dividend payout ratio is currently -60.00%.

About Mirvac Group

Founded in 1972, Mirvac is an Australian Securities Exchange (ASX) top 50 company with an integrated asset creation and curation capability. For more than 50 years, we’ve dedicated ourselves to creating extraordinary urban places and experiences. We have over $35 billion of assets under management, together with a $12 billion commercial and mixed use development pipeline, and a $17 billion residential development pipeline, enabling us to deliver innovative and high-quality property for our customers, while driving long-term value for our securityholders.