HomeCo Daily Needs REIT (ASX:HDN) to Issue Interim Dividend of $0.02

HomeCo Daily Needs REIT (ASX:HDN) announced a interim dividend on Thursday, December 12th,MarketIndexAU Dividends reports. Shareholders of record on Sunday, February 25th will be given a dividend of 0.021 per share on Sunday, February 25th. This represents a dividend yield of 1.81%. The ex-dividend date is Sunday, December 29th.

HomeCo Daily Needs REIT Stock Performance

The company has a debt-to-equity ratio of 56.28, a quick ratio of 0.24 and a current ratio of 0.27.

Insider Transactions at HomeCo Daily Needs REIT

In other HomeCo Daily Needs REIT news, insider David Di Pilla sold 32,000,000 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of A$1.25 ($0.80), for a total transaction of A$40,000,000.00 ($25,477,707.01). Over the last three months, insiders have sold 32,763,950 shares of company stock valued at $40,947,511. Corporate insiders own 16.88% of the company’s stock.

HomeCo Daily Needs REIT Company Profile

HomeCo Daily Needs REIT is an Australian Real Estate Investment Trust listed on the ASX with a mandate to invest in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail and Health & Services. HomeCo Daily Needs REIT aims to provide unitholders with consistent and growing distributions.