Arena REIT (ASX:ARF – Get Free Report) insider Helen Thornton acquired 7,937 shares of Arena REIT stock in a transaction on Tuesday, August 27th. The shares were bought at an average price of A$3.78 ($2.55) per share, with a total value of A$30,001.86 ($20,271.53).
Arena REIT Stock Performance
The company has a debt-to-equity ratio of 30.99, a quick ratio of 0.94 and a current ratio of 1.01.
Arena REIT Increases Dividend
The business also recently disclosed a Final dividend, which was paid on Wednesday, August 7th. Shareholders of record on Wednesday, August 7th were given a $0.043 dividend. This represents a yield of 1.17%. The ex-dividend date of this dividend was Wednesday, June 26th. This is a positive change from Arena REIT’s previous Final dividend of $0.04. Arena REIT’s dividend payout ratio is currently 106.25%.
About Arena REIT
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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