Stockland (ASX:SGP) Insider Acquires A$102,400.00 in Stock

Stockland (ASX:SGP) insider Christopher Lawton purchased 20,000 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was bought at an average price of A$5.12 ($3.18) per share, with a total value of A$102,400.00 ($63,602.48).

Stockland Price Performance

The company has a debt-to-equity ratio of 48.19, a current ratio of 1.70 and a quick ratio of 0.10. The company has a market cap of $12.27 billion, a price-to-earnings ratio of 40.22, a P/E/G ratio of -9.75 and a beta of 1.34.

Stockland Cuts Dividend

The business also recently declared a Interim dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 27th were paid a $0.08 dividend. The ex-dividend date of this dividend was Sunday, December 29th. This represents a yield of 1.65%. Stockland’s dividend payout ratio is 253.85%.

Stockland Company Profile

We are a leading creator and curator of connected communities with people at the heart of the places we create. For more than 70 years, we have built a proud legacy, helping more Australians achieve the dream of home ownership, and enabling the future of work and retail. Today, we continue to build on our history as one of Australia’s largest diversified property groups to elevate the social value of our places, and create a tangible sense of human connection, belonging and community for our customers.