REA Group Limited (REA) To Go Ex-Dividend on August 28th

REA Group Limited (ASX:REA) declared a final dividend on Thursday, August 15th, MarketIndexAU reports. Stockholders of record on Thursday, September 12th will be paid a dividend of 1.02 per share on Thursday, September 12th. This represents a dividend yield of 0.49%. The ex-dividend date is Wednesday, August 28th. This is a positive change from REA Group’s previous final dividend of $0.83.

REA Group Stock Performance

The company has a debt-to-equity ratio of 17.81, a quick ratio of 1.57 and a current ratio of 1.53.

Insider Activity at REA Group

In other REA Group news, insider Tracey Fellows sold 4,000 shares of the business’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of A$190.95 ($129.02), for a total value of A$763,792.00 ($516,075.68). In other REA Group news, insider Tracey Fellows sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of A$190.95 ($129.02), for a total value of A$763,792.00 ($516,075.68). Also, insider Owen Wilson sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of A$196.98 ($133.09), for a total transaction of A$196,980.00 ($133,094.59). In the last three months, insiders sold 6,000 shares of company stock valued at $1,152,522. Corporate insiders own 62.12% of the company’s stock.

About REA Group

REA Group Limited engages in online property advertising business in Australia, India, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, smartline.com.au, makaan.com, housing.com, PropTiger.com, realtor.com, Flatmates.com.au, property.com.au, simpology.com.au, campaignagent.com.au, proptrack.com.au, myfun.com, housing.com, propertygurugroup.com, realtor.com, spacely.com.au, rumah123.com, iproperty.com.sg, 99.co, and 1form.com.au.