Abacus Property Group (ASX:ABP – Get Rating) insider Steven Sewell acquired 229,516 shares of the stock in a transaction on Tuesday, September 13th. The shares were purchased at an average price of A$2.77 ($1.94) per share, for a total transaction of A$635,759.32 ($444,586.94).
Steven Sewell also recently made the following trade(s):
Get Abacus Property Group alerts:- On Tuesday, August 23rd, Steven Sewell acquired 65,104 shares of Abacus Property Group stock. The shares were purchased at an average price of A$2.76 ($1.93) per share, for a total transaction of A$179,817.25 ($125,746.33).
Abacus Property Group Price Performance
The company has a quick ratio of 1.60, a current ratio of 1.80 and a debt-to-equity ratio of 48.82.
Abacus Property Group Increases Dividend
The company also recently disclosed a Final dividend, which was paid on Tuesday, August 30th. Shareholders of record on Tuesday, August 30th were given a dividend of $0.092 per share. This represents a yield of 3.4%. This is a boost from Abacus Property Group's previous Final dividend of $0.09. The ex-dividend date of this dividend was Wednesday, June 29th. Abacus Property Group's payout ratio is presently 29.51%.Abacus Property Group Company Profile
(Get Rating)
Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Office and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value.
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