Owen Wilson Sells 2,000 Shares of REA Group Limited (ASX:REA) Stock

REA Group Limited (ASX:REA) insider Owen Wilson sold 2,000 shares of REA Group stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of A$165.24 ($106.61), for a total value of A$330,476.00 ($213,210.32).

REA Group Stock Performance

The company has a quick ratio of 1.57, a current ratio of 1.70 and a debt-to-equity ratio of 26.58.

REA Group Cuts Dividend

The business also recently declared a Final dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 20th will be issued a $0.83 dividend. The ex-dividend date is Wednesday, August 30th. This represents a dividend yield of 0.51%. REA Group’s dividend payout ratio (DPR) is 61.71%.

About REA Group

REA Group Limited engages in online property advertising business in Australia, India, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, smartline.com.au, makaan.com, housing.com, PropTiger.com, realtor.com, Flatmates.com.au, property.com.au, simpology.com.au, campaignagent.com.au, proptrack.com.au, myfun.com, housing.com, propertygurugroup.com, realtor.com, spacely.com.au, rumah123.com, iproperty.com.sg, 99.co, and 1form.com.au.