Scentre Group (ASX:SCG) Raises Dividend to $0.09 Per Share

Scentre Group (ASX:SCG) declared a final dividend on Tuesday, February 11th,MarketIndexAU Dividends reports. Shareholders of record on Thursday, February 27th will be given a dividend of 0.086 per share on Thursday, February 27th. This represents a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, February 12th. This is a boost from Scentre Group’s previous final dividend of $0.08.

Scentre Group Stock Performance

The company has a current ratio of 0.29, a quick ratio of 0.34 and a debt-to-equity ratio of 88.96.

Insider Buying and Selling at Scentre Group

In other Scentre Group news, insider Elliott Rusanow sold 100,000 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of A$3.42 ($2.15), for a total value of A$342,000.00 ($215,094.34). 0.29% of the stock is owned by corporate insiders.

About Scentre Group

Scentre Group owns and operates a leading portfolio of 42 Westfield destinations with 37 located in Australia and five in New Zealand encompassing more than 12,000 outlets. Our Westfield destinations are strategically located in the heart of the local communities we serve. Our centres are considered community hubs that connect people with services and experiences that enrich their daily lives.