Scentre Group (ASX:SCG) Insider Acquires A$135,200.00 in Stock

Scentre Group (ASX:SCG) insider Craig Mitchell acquired 40,000 shares of the stock in a transaction on Friday, February 28th. The shares were bought at an average price of A$3.38 ($2.14) per share, with a total value of A$135,200.00 ($85,569.62).

Scentre Group Stock Performance

The company has a debt-to-equity ratio of 89.86, a current ratio of 0.29 and a quick ratio of 0.34. The firm has a market cap of $18.81 billion, a price-to-earnings ratio of 43.73, a price-to-earnings-growth ratio of 2.07 and a beta of 1.58.

Scentre Group Increases Dividend

The company also recently disclosed a Final dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 27th were paid a dividend of $0.086 per share. This is a positive change from Scentre Group’s previous Final dividend of $0.08. This represents a yield of 2.3%. The ex-dividend date was Wednesday, February 12th. Scentre Group’s dividend payout ratio (DPR) is currently 212.50%.

Scentre Group Company Profile

Scentre Group owns and operates a leading portfolio of 42 Westfield destinations with 37 located in Australia and five in New Zealand encompassing more than 12,000 outlets. Our Westfield destinations are strategically located in the heart of the local communities we serve. Our centres are considered community hubs that connect people with services and experiences that enrich their daily lives.