Insider Buying: Arena REIT (ASX:ARF) Insider Acquires A$38,447.50 in Stock

Arena REIT (ASX:ARF) insider Helen Thornton bought 10,985 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were bought at an average cost of A$3.50 ($2.19) per share, with a total value of A$38,447.50 ($24,029.69).

Arena REIT Stock Performance

The stock 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 debt-to-equity ratio of 35.21, a current ratio of 0.72 and a quick ratio of 0.94.

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 issued a dividend of $0.046 per share. This represents a dividend yield of 1.29%. The ex-dividend date is Thursday, March 27th. Arena REIT’s dividend payout ratio (DPR) 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.