Charter Hall Group (ASX:CHC) Announces Dividend Increase – $0.24 Per Share

Charter Hall Group (ASX:CHC) declared a final dividend on Tuesday, June 24th, MarketIndexAU Dividends reports. Shareholders of record on Saturday, August 30th will be given a dividend of 0.244 per share on Saturday, August 30th. This represents a dividend yield of 1.26%. The ex-dividend date is Thursday, June 26th. This is a 6.1% increase from Charter Hall Group’s previous final dividend of $0.23.

Charter Hall Group Stock Performance

The firm has a market cap of $7.42 billion, a price-to-earnings ratio of 36.72, a P/E/G ratio of -1.94 and a beta of 1.54. The company has a debt-to-equity ratio of 16.82, a current ratio of 2.10 and a quick ratio of 2.10.

Insider Buying and Selling at Charter Hall Group

In other news, insider Stephen Conry bought 6,213 shares of Charter Hall Group stock in a transaction dated Thursday, April 24th. The shares were acquired at an average price of A$16.07 ($10.43) per share, with a total value of A$99,830.48 ($64,824.99). 2.16% of the stock is owned by company insiders.

Charter Hall Group Company Profile

Charter Hall is one of Australia's leading fully integrated property investment and funds management groups. We use our expertise to access, deploy, manage and invest equity to create value and generate superior returns for our investor customers. We've curated a diverse portfolio of high-quality properties across our core sectors Office, Industrial & Logistics, Retail and Social Infrastructure.