Arena REIT (ASX:ARF) to Issue Interim Dividend of $0.05

Arena REIT (ASX:ARF) announced a interim dividend on Friday, December 19th, MarketIndexAU Dividends reports. Investors of record on Wednesday, February 4th will be paid a dividend of 0.048 per share by the real estate investment trust on Wednesday, February 4th. This represents a dividend yield of 133.0%. The ex-dividend date of this dividend is Monday, December 29th.

Arena REIT Stock Performance

The stock has a market capitalization of $1.53 billion, a P/E ratio of 23.60, a P/E/G ratio of 4.56 and a beta of 1.13. The company has a quick ratio of 0.94, a current ratio of 0.72 and a debt-to-equity ratio of 35.21.

Insider Activity

In other Arena REIT news, insider Gareth Winter acquired 73,631 shares of the stock in a transaction on Wednesday, September 24th. The stock was purchased at an average price of A$3.96 per share, for a total transaction of A$291,578.76. Also, insider Robert de Vos purchased 132,047 shares of the business’s stock in a transaction that occurred on Wednesday, September 24th. The stock was bought at an average cost of A$3.96 per share, for a total transaction of A$522,906.12. In the last quarter, insiders purchased 206,471 shares of company stock worth $817,504. Insiders own 1.96% of the company’s stock.

Arena REIT Company Profile

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.