Arena REIT Declares Interim Dividend of $0.05 (ASX:ARF)

Arena REIT (ASX:ARF) announced a interim dividend on Tuesday, September 23rd, MarketIndexAU Dividends reports. Investors of record on Wednesday, November 5th will be given a dividend of 0.048 per share by the real estate investment trust on Wednesday, November 5th. This represents a dividend yield of 121.0%. The ex-dividend date is Sunday, September 28th.

Arena REIT Stock Performance

The company has a debt-to-equity ratio of 35.21, a quick ratio of 0.94 and a current ratio of 0.72. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 23.60, a P/E/G ratio of 4.56 and a beta of 1.13.

About Arena REIT

Arena REIT is an ASX200 listed property group that develops, owns and manages social infrastructure properties across Australia. Our current portfolio of social infrastructure properties is leased to a diversified tenant base in the growing early learning and healthcare sectors.