Arena REIT (ASX:ARF – Get Free Report) insider Helen Thornton purchased 10,985 shares of the company’s stock in a transaction on Wednesday, April 2nd. The stock was acquired at an average cost of A$3.50 ($2.12) per share, for a total transaction of A$38,447.50 ($23,301.52).
Arena REIT Price Performance
The company has a current ratio of 0.72, a quick ratio of 0.94 and a debt-to-equity ratio of 35.21. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 23.60, a price-to-earnings-growth ratio of 4.56 and a beta of 1.13.
Arena REIT Announces Dividend
The business also recently declared a Interim dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, May 7th will be paid a $0.046 dividend. This represents a yield of 1.29%. The ex-dividend date of this dividend is Thursday, March 27th. Arena REIT’s dividend payout ratio (DPR) is currently 112.50%.
Arena REIT Company Profile
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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