Garda Property Group Announces Interim Dividend of $0.02 (ASX:GDF)

Garda Property Group (ASX:GDF) announced a interim dividend on Friday, September 19th, MarketIndexAU Dividends reports. Shareholders of record on Tuesday, October 14th will be given a dividend of 0.02 per share on Tuesday, October 14th. This represents a yield of 161.0%. The ex-dividend date is Sunday, September 28th.

Garda Property Group Stock Performance

The company has a quick ratio of 2.72, a current ratio of 10.06 and a debt-to-equity ratio of 63.32. The stock has a market cap of $250.41 million, a PE ratio of -5.43, a PEG ratio of -26.62 and a beta of 0.83.

Insider Activity at Garda Property Group

In related news, insider Mark Hallett sold 21,225 shares of the company’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of A$1.26, for a total transaction of A$26,743.50. Also, insider Matthew Madsen sold 120,000 shares of the company’s stock in a transaction on Monday, September 1st. The stock was sold at an average price of A$1.25, for a total transaction of A$150,000.00. Over the last quarter, insiders have sold 600,000 shares of company stock valued at $750,300. 45.75% of the stock is owned by insiders.

About Garda Property Group

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.