REA Group Limited (ASX:REA) Insider Sells A$474,236.00 in Stock

REA Group Limited (ASX:REA) insider Owen Wilson sold 1,719 shares of the stock in a transaction dated Friday, February 14th. The shares were sold at an average price of A$275.88 ($175.72), for a total value of A$474,236.00 ($302,061.15).

REA Group Stock Performance

The company has a debt-to-equity ratio of 18.28, a current ratio of 1.53 and a quick ratio of 1.57. The stock has a market cap of $35.68 billion, a P/E ratio of 117.85, a PEG ratio of 3.14 and a beta of 1.07.

REA Group Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 18th will be given a dividend of $1.10 per share. This represents a yield of 0.42%. This is a positive change from REA Group’s previous Interim dividend of $0.87. The ex-dividend date is Monday, March 3rd. REA Group’s dividend payout ratio (DPR) is presently 89.47%.

About REA Group

REA Group Limited engages in online property advertising business in Australia, India, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, smartline.com.au, makaan.com, housing.com, PropTiger.com, realtor.com, Flatmates.com.au, property.com.au, simpology.com.au, campaignagent.com.au, proptrack.com.au, myfun.com, housing.com, propertygurugroup.com, realtor.com, spacely.com.au, rumah123.com, iproperty.com.sg, 99.co, and 1form.com.au.