Garda Property Group (ASX:GDF) Insider Matthew Madsen Sells 100,000 Shares

Garda Property Group (ASX:GDFGet Free Report) insider Matthew Madsen sold 100,000 shares of Garda Property Group stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of A$1.20 ($0.79), for a total value of A$120,000.00 ($79,470.20).

Garda Property Group Stock Performance

The company has a current ratio of 10.06, a quick ratio of 2.72 and a debt-to-equity ratio of 63.32.

Garda Property Group Increases Dividend

The company also recently disclosed a Interim dividend, which was paid on Monday, October 14th. Shareholders of record on Monday, October 14th were issued a dividend of $0.018 per share. This represents a yield of 1.51%. This is an increase from Garda Property Group’s previous Interim dividend of $0.02. The ex-dividend date of this dividend was Wednesday, September 25th. Garda Property Group’s payout ratio is currently -28.57%.

About Garda Property Group

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Garda Diversified Property Fund is a real estate investment trust externally managed by Garda Capital Group. It invests in real estate markets of Australia. The fund intends to invest in commercial offices in city and suburban markets as well as industrial facilities along the eastern seaboard of Australia.

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