Owen Wilson Sells 1,719 Shares of REA Group Limited (ASX:REA) Stock

REA Group Limited (ASX:REA) insider Owen Wilson sold 1,719 shares of REA Group stock in a transaction on Friday, February 14th. The stock was sold at an average price of A$275.88 ($175.72), for a total transaction of A$474,236.00 ($302,061.15).

REA Group Price Performance

The stock has a market capitalization of $35.68 billion, a price-to-earnings ratio of 117.85, a PEG ratio of 3.14 and a beta of 1.07. The company has a current ratio of 1.53, a quick ratio of 1.57 and a debt-to-equity ratio of 18.28.

REA Group Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 18th will be given a $1.10 dividend. The ex-dividend date is Monday, March 3rd. This represents a dividend yield of 0.42%. This is an increase from REA Group’s previous Interim dividend of $0.87. REA Group’s payout ratio is presently 89.47%.

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.