GDI Property Group Ltd (GDI) to Issue Final Dividend of $0.04 on August 30th

GDI Property Group Ltd (ASX:GDI) declared a final dividend on Wednesday, June 19th, MarketIndexAU reports. Investors of record on Friday, August 30th will be given a dividend of 0.039 per share on Friday, August 30th. This represents a dividend yield of 2.74%. The ex-dividend date is Thursday, June 27th.

ASX GDI remained flat at $A$1.42 ($1.00) on Tuesday. 563,687 shares of the company’s stock were exchanged, compared to its average volume of 635,841. GDI Property Group has a twelve month low of A$1.20 ($0.85) and a twelve month high of A$1.47 ($1.04). The company has a current ratio of 0.52, a quick ratio of 0.12 and a debt-to-equity ratio of 13.01. The firm has a market cap of $763.51 million and a price-to-earnings ratio of 353.75. The company has a 50 day moving average of A$1.36.

About GDI Property Group

GDI Property Group (GDI) is an ASX listed property owner and fund manager. We have a proud history of delivering strong returns to investors for over 25 years. Our Board and employees are passionate about property and about funds management. We aim to continue to grow the wealth of our investors, provide exceptional accommodation to our customers and be a highly respected brand in our community.

Further Reading: Buy Rating

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