Arena REIT No 1 Plans Final Dividend of $0.03 (ASX:ARF)

Arena REIT No 1 (ASX:ARF) declared a final dividend on Wednesday, May 22nd, MarketIndexAU reports. Investors of record on Thursday, August 8th will be paid a dividend of 0.034 per share by the real estate investment trust on Thursday, August 8th. This represents a yield of 1.26%. The ex-dividend date is Thursday, June 27th.

ARF opened at A$2.81 ($1.99) on Wednesday. The company has a market capitalization of $818.62 million and a P/E ratio of 12.38. The firm has a fifty day moving average of A$2.78. Arena REIT No 1 has a 1-year low of A$2.12 ($1.50) and a 1-year high of A$2.94 ($2.09). The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 35.87.

Arena REIT No 1 Company Profile

Arena REIT is an ASX300 listed property group that owns, manages and develops social infrastructure property assets across Australia. Our current portfolio of social infrastructure property assets is leased to a diversified tenant base in the growing early learning and healthcare sectors.

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