Craig Mitchell Purchases 40,000 Shares of Scentre Group (ASX:SCG) Stock

Scentre Group (ASX:SCG) insider Craig Mitchell acquired 40,000 shares of the stock in a transaction dated Friday, February 28th. The stock was bought at an average price of A$3.38 ($2.10) per share, with a total value of A$135,200.00 ($83,975.16).

Scentre Group Price Performance

The company has a quick ratio of 0.34, a current ratio of 0.29 and a debt-to-equity ratio of 89.86. The company has a market cap of $18.81 billion, a P/E ratio of 43.73, a PEG ratio of 2.07 and a beta of 1.58.

Scentre Group Increases Dividend

The firm also recently disclosed a Final dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 27th were paid a $0.086 dividend. This represents a dividend yield of 2.3%. This is a positive change from Scentre Group’s previous Final dividend of $0.08. The ex-dividend date was Wednesday, February 12th. Scentre Group’s dividend payout ratio (DPR) is 212.50%.

Scentre Group Company Profile

Scentre Group owns and operates a leading portfolio of 42 Westfield destinations with 37 located in Australia and five in New Zealand encompassing more than 12,000 outlets. Our Westfield destinations are strategically located in the heart of the local communities we serve. Our centres are considered community hubs that connect people with services and experiences that enrich their daily lives.