Helen Thornton Purchases 10,985 Shares of Arena REIT (ASX:ARF) Stock

Arena REIT (ASX:ARF) insider Helen Thornton bought 10,985 shares of Arena REIT stock in a transaction dated Wednesday, April 2nd. The shares were bought at an average cost of A$3.50 ($2.20) per share, for a total transaction of A$38,447.50 ($24,180.82).

Arena REIT Price Performance

The firm has a market cap of $1.53 billion, a PE 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.

Arena REIT Announces Dividend

The company also recently declared a Interim dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, May 7th will be given a dividend of $0.046 per share. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, March 27th. Arena REIT’s payout ratio is 112.50%.

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.