Scentre Group (ASX:SCG) Insider Purchases A$176,500.00 in Stock

Scentre Group (ASX:SCG) insider Ilana Atlas acquired 50,000 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was bought at an average price of A$3.53 ($2.23) per share, with a total value of A$176,500.00 ($111,708.86).

Scentre Group Stock Performance

The company has a debt-to-equity ratio of 89.86, a quick ratio of 0.34 and a current ratio of 0.29. The company has a market cap of $18.81 billion, a price-to-earnings ratio of 43.73, a PEG ratio of 2.07 and a beta of 1.58.

Scentre Group Increases Dividend

The company also recently disclosed a Final dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 27th were given a dividend of $0.086 per share. This represents a yield of 2.3%. This is a boost from Scentre Group’s previous Final dividend of $0.08. The ex-dividend date of this dividend was Wednesday, February 12th. Scentre Group’s payout ratio is presently 212.50%.

Scentre Group Company Profile

Scentre Group owns and operates a leading portfolio of 42 Westfield destinations with 37 located in Australia and five in New Zealand encompassing more than 12,000 outlets. Our Westfield destinations are strategically located in the heart of the local communities we serve. Our centres are considered community hubs that connect people with services and experiences that enrich their daily lives.