Arena REIT to Issue Interim Dividend of $0.05 (ASX:ARF)

Arena REIT (ASX:ARF) declared a interim dividend on Friday, March 21st, MarketIndexAU Dividends reports. Investors of record on Wednesday, May 7th will be paid a dividend of 0.046 per share by the real estate investment trust on Wednesday, May 7th. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, March 27th.

Arena REIT Stock Performance

The company has a market cap of $1.53 billion, a PE ratio of 23.60, a P/E/G ratio of 4.56 and a beta of 1.13. The company has a quick ratio of 0.94, a current ratio of 0.72 and a debt-to-equity ratio of 35.21.

Insider Buying and Selling

In other Arena REIT news, insider Helen Thornton purchased 8,970 shares of the stock in a transaction that occurred on Tuesday, December 24th. The shares were bought at an average cost of A$3.92 ($2.47) per share, with a total value of A$35,162.40 ($22,114.72). 1.96% of the stock is owned by insiders.

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.