HomeCo Daily Needs REIT (ASX:HDN) Insider David Di Pilla Sells 40,000,000 Shares

HomeCo Daily Needs REIT (ASX:HDNGet Free Report) insider David Di Pilla sold 40,000,000 shares of the company’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of A$1.25 ($0.83), for a total value of A$50,000,000.00 ($33,333,333.33).

HomeCo Daily Needs REIT Stock Performance

The company has a quick ratio of 0.24, a current ratio of 1.86 and a debt-to-equity ratio of 54.55.

HomeCo Daily Needs REIT Announces Dividend

The company also recently announced a Interim dividend, which was paid on Tuesday, May 21st. Stockholders of record on Tuesday, May 21st were issued a $0.021 dividend. This represents a dividend yield of 1.61%. The ex-dividend date of this dividend was Tuesday, March 26th.

HomeCo Daily Needs REIT Company Profile

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HomeCo Daily Needs REIT is an Australian Real Estate Investment Trust listed on the ASX with a mandate to invest in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail and Health & Services. HomeCo Daily Needs REIT aims to provide unitholders with consistent and growing distributions.

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