Mirvac Group Announces Final Dividend of $0.06 (ASX:MGR)

Mirvac Group (ASX:MGR) announced a final dividend on Friday, June 14th, MarketIndexAU reports. Stockholders of record on Friday, August 30th will be paid a dividend of 0.063 per share on Friday, August 30th. This represents a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, June 27th.

Shares of MGR stock opened at A$3.23 ($2.29) on Wednesday. The company’s 50-day moving average price is A$3.07. Mirvac Group has a 12 month low of A$2.09 ($1.48) and a 12 month high of A$3.23 ($2.29). The firm has a market capitalization of $12.63 billion and a price-to-earnings ratio of 9.39. The company has a quick ratio of 0.35, a current ratio of 1.06 and a debt-to-equity ratio of 41.61.

Mirvac Group Company Profile

Mirvac is a leading, diversified Australian property group, with an integrated development and asset management capability. We have 45 years of experience in the property industry and an unmatched reputation for delivering superior products and services across our businesses. Principally located in Australia's four key cities of Sydney, Melbourne, Brisbane and Perth, Mirvac owns and manages assets across the office, retail and industrial sectors, with over $17 billion of assets currently under management.

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