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

Stockland (ASX:SGPGet Free Report) insider Penelope (Penny) Winn acquired 40,000 shares of the business’s stock in a transaction dated Friday, March 7th. The shares were bought at an average price of A$5.12 ($3.22) per share, for a total transaction of A$204,800.00 ($128,805.03).

Stockland Stock Performance

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

Stockland Cuts Dividend

The firm also recently announced a Interim dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 27th were given a dividend of $0.08 per share. This represents a yield of 1.65%. The ex-dividend date was Sunday, December 29th. Stockland’s dividend payout ratio (DPR) is presently 253.85%.

About Stockland

(Get Free Report)

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.

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