Michael Gorman Acquires 17,700 Shares of Charter Hall Retail REIT (ASX:CQR) Stock

Charter Hall Retail REIT (ASX:CQR) insider Michael Gorman purchased 17,700 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was bought at an average cost of A$3.41 ($2.17) per share, for a total transaction of A$60,357.00 ($38,443.95).

Charter Hall Retail REIT Stock Performance

The firm has a market cap of $1.91 billion, a P/E ratio of 110.84, a price-to-earnings-growth ratio of -9.23 and a beta of 0.82. The company has a debt-to-equity ratio of 39.60, a quick ratio of 0.36 and a current ratio of 0.57.

Charter Hall Retail REIT Dividend Announcement

The business also recently announced a Interim dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 27th will be given a $0.123 dividend. The ex-dividend date is Monday, December 23rd. This represents a dividend yield of 3.81%. Charter Hall Retail REIT’s dividend payout ratio is 833.33%.

Charter Hall Retail REIT Company Profile

Charter Hall Retail REIT is the leading owner of property for convenience retailers. Charter Hall Retail REIT is managed by Charter Hall Group (ASX:CHC). Charter Hall is one of Australia’s leading fully integrated property investment and funds management groups. We use our expertise to access, deploy, manage and invest equity to create value and generate superior returns for our investor customers.