Charter Hall Retail REIT (ASX:CQR) Insider Michael Gorman Acquires 17,700 Shares

Charter Hall Retail REIT (ASX:CQR) insider Michael Gorman purchased 17,700 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was bought at an average price of A$3.41 ($2.17) per share, for a total transaction of A$60,357.00 ($38,443.95).

Charter Hall Retail REIT Price Performance

The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 110.84, a PEG ratio of -9.23 and a beta of 0.82. The company has a current ratio of 0.57, a quick ratio of 0.36 and a debt-to-equity ratio of 39.60.

Charter Hall Retail REIT Dividend Announcement

The business also recently disclosed a Interim dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 27th will be given a $0.123 dividend. This represents a dividend yield of 3.81%. The ex-dividend date is Monday, December 23rd. Charter Hall Retail REIT’s payout ratio is currently 833.33%.

About Charter Hall Retail REIT

Charter Hall Retail REIT is the leading owner of property for convenience retailers. Charter Hall Retail REIT is managed by Charter Hall Group (ASX:CHC). Charter Hall is one of Australia’s leading fully integrated property investment and funds management groups. We use our expertise to access, deploy, manage and invest equity to create value and generate superior returns for our investor customers.