Vicinity Centres (ASX:VCX) Announces Final Dividend of $0.06

Vicinity Centres (ASX:VCX) announced a final dividend on Thursday, August 21st, MarketIndexAU Dividends reports. Stockholders of record on Monday, September 15th will be given a dividend of 0.06 per share by the real estate investment trust on Monday, September 15th. This represents a dividend yield of 230.0%. The ex-dividend date of this dividend is Sunday, August 24th. This is a 1.7% increase from Vicinity Centres’s previous final dividend of $0.06.

Vicinity Centres Stock Performance

The company has a current ratio of 0.47, a quick ratio of 0.35 and a debt-to-equity ratio of 43.45. The company has a market cap of $10.06 billion, a P/E ratio of 18.39, a P/E/G ratio of 8.48 and a beta of 1.64.

Vicinity Centres Company Profile

Vicinity Centres (Vicinity or the Group) is one of Australia’s leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 60 shopping centres, making it the second largest listed manager of Australian retail property. The Group has a Direct Portfolio with interests in 59 shopping centres (including the DFO Brisbane business) and manages 30 assets on behalf of Strategic Partners, 29 of which are co-owned by the Group.