Penelope (Penny) Winn Buys 40,000 Shares of Stockland (ASX:SGP) Stock

Stockland (ASX:SGP) insider Penelope (Penny) Winn bought 40,000 shares of Stockland stock in a transaction that occurred on Friday, March 7th. The stock was bought at an average cost of A$5.12 ($3.24) per share, for a total transaction of A$204,800.00 ($129,620.25).

Stockland Stock Performance

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

Stockland Cuts Dividend

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

About Stockland

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.