The GPT Group (ASX:GPT – Get Free Report) insider Shane Gannon acquired 16,000 shares of the stock in a transaction on Thursday, September 12th. The shares were bought at an average cost of A$5.09 ($3.44) per share, for a total transaction of A$81,488.00 ($55,059.46).
The GPT Group Stock Performance
The company has a quick ratio of 0.36, a current ratio of 0.47 and a debt-to-equity ratio of 48.92.
The GPT Group Cuts Dividend
The company also recently disclosed a Interim dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 29th were given a dividend of $0.12 per share. This represents a yield of 2.74%. The ex-dividend date of this dividend was Wednesday, June 26th. The GPT Group’s payout ratio is currently -100.00%.
The GPT Group Company Profile
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.
Featured Stories
- Five stocks we like better than The GPT Group
- How to Evaluate a Stock Before Buying
- Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion?
- What Are Some of the Best Large-Cap Stocks to Buy?
- Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker
Receive News & Ratings for The GPT Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The GPT Group and related companies with MarketBeat.com's FREE daily email newsletter.