The GPT Group (ASX:GPT – Get Free Report) insider Mark Menhinnitt purchased 20,639 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The shares were purchased at an average price of A$4.86 ($3.28) per share, for a total transaction of A$100,305.54 ($67,774.01).
The GPT Group Price Performance
The company has a debt-to-equity ratio of 48.92, a quick ratio of 0.36 and a current ratio of 0.47.
The GPT Group Cuts Dividend
The company also recently disclosed a Interim dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 29th were issued a $0.12 dividend. This represents a dividend yield of 2.74%. The ex-dividend date was Wednesday, June 26th. The GPT Group’s payout ratio is currently -100.00%.
About The GPT Group
GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.
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