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

Charter Hall Retail REIT (ASX:CQR) insider Michael Gorman purchased 17,700 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were acquired at an average cost of A$3.41 ($2.16) per share, with a total value of A$60,357.00 ($38,200.63).

Charter Hall Retail REIT Stock Performance

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

Charter Hall Retail REIT Announces Dividend

The firm also recently declared a Interim dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 27th will be paid a dividend of $0.123 per share. This represents a dividend yield of 3.81%. The ex-dividend date of this dividend is Monday, December 23rd. Charter Hall Retail REIT’s dividend payout ratio (DPR) is 833.33%.

Charter Hall Retail REIT Company Profile

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.