REA Group Limited (ASX:REA) to Issue Interim Dividend of $1.10

REA Group Limited (ASX:REA) announced a interim dividend on Friday, February 7th,MarketIndexAU Dividends reports. Shareholders of record on Tuesday, March 18th will be paid a dividend of 1.10 per share on Tuesday, March 18th. This represents a yield of 0.42%. The ex-dividend date is Monday, March 3rd. This is a positive change from REA Group’s previous interim dividend of $0.87.

REA Group Stock Performance

The company has a quick ratio of 1.57, a current ratio of 1.53 and a debt-to-equity ratio of 17.81.

Insider Activity at REA Group

In other news, insider Owen Wilson sold 13,000 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of A$236.67 ($148.85), for a total transaction of A$3,076,723.00 ($1,935,045.91). Company insiders own 64.18% of the company’s stock.

REA Group Company Profile

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.