Insider Buying: Arena REIT (ASX:ARF) Insider Acquires 8,970 Shares of Stock

Arena REIT (ASX:ARFGet Free Report) insider Helen Thornton bought 8,970 shares of the business’s stock in a transaction that occurred on Tuesday, December 24th. The shares were purchased at an average price of A$3.92 ($2.43) per share, for a total transaction of A$35,162.40 ($21,840.00).

Arena REIT Price Performance

The company has a quick ratio of 0.94, a current ratio of 0.72 and a debt-to-equity ratio of 31.08.

Arena REIT Announces Dividend

The company also recently announced a Interim dividend, which will be paid on Wednesday, February 5th. Investors of record on Wednesday, February 5th will be paid a dividend of $0.046 per share. The ex-dividend date of this dividend is Sunday, December 29th. This represents a dividend yield of 1.18%. Arena REIT’s payout ratio is currently 112.50%.

About Arena REIT

(Get Free Report)

Arena REIT is an ASX200 listed property group that develops, owns and manages social infrastructure properties across Australia. Our current portfolio of social infrastructure properties is leased to a diversified tenant base in the growing early learning and healthcare sectors.

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