Arena REIT (ASX:ARF – Get Free Report) declared a interim dividend on Tuesday, September 24th, MarketIndexAU reports. Shareholders of record on Wednesday, November 6th will be given a dividend of 0.046 per share by the real estate investment trust on Wednesday, November 6th. This represents a yield of 1.07%. The ex-dividend date is Thursday, September 26th. This is a positive change from Arena REIT’s previous interim dividend of $0.04.
Arena REIT Stock Performance
The company has a debt-to-equity ratio of 31.08, a current ratio of 0.72 and a quick ratio of 0.94.
Insider Buying and Selling
In other Arena REIT news, insider Helen Thornton purchased 7,937 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were bought at an average price of A$3.78 ($2.59) per share, for a total transaction of A$30,001.86 ($20,549.22). 1.88% of the stock is owned by corporate insiders.
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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