REA Group Limited (ASX:REA) Declares Final Dividend of $1.02

REA Group Limited (ASX:REA) announced a final dividend on Thursday, August 15th, MarketIndexAU reports. Shareholders of record on Thursday, September 12th will be given a dividend of 1.02 per share on Thursday, September 12th. This represents a yield of 0.49%. The ex-dividend date of this dividend is Wednesday, August 28th. This is an increase from REA Group’s previous final dividend of $0.83.

REA Group Stock Performance

The company has a quick ratio of 1.57, a current ratio of 2.28 and a debt-to-equity ratio of 31.56.

Insiders Place Their Bets

In other news, insider Tracey Fellows sold 4,000 shares of the business’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of A$190.95 ($125.62), for a total transaction of A$763,792.00 ($502,494.74). In related news, insider Tracey Fellows sold 4,000 shares of the company’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of A$190.95 ($125.62), for a total value of A$763,792.00 ($502,494.74). Also, insider Owen Wilson sold 1,000 shares of REA Group stock in a transaction on Monday, June 24th. The stock was sold at an average price of A$196.98 ($129.59), for a total transaction of A$196,980.00 ($129,592.11). Over the last quarter, insiders have sold 6,000 shares of company stock valued at $1,152,522. 62.29% of the stock is currently owned by corporate insiders.

REA Group Company Profile

REA Group Limited engages in online property advertising business in Australia, India, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, smartline.com.au, makaan.com, housing.com, PropTiger.com, realtor.com, Flatmates.com.au, property.com.au, simpology.com.au, campaignagent.com.au, proptrack.com.au, myfun.com, housing.com, propertygurugroup.com, realtor.com, spacely.com.au, rumah123.com, iproperty.com.sg, 99.co, and 1form.com.au.