REA Group (ASX:REA) Insider Nicholas (Nick) Dowling Acquires 285 Shares of Stock

REA Group Limited (ASX:REA) insider Nicholas (Nick) Dowling bought 285 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was purchased at an average price of A$163.00 per share, with a total value of A$46,455.00.

REA Group Stock Performance

The stock has a market capitalization of $35.68 billion, a P/E ratio of 117.85, a P/E/G ratio of 3.14 and a beta of 1.07. The company has a quick ratio of 1.57, a current ratio of 1.53 and a debt-to-equity ratio of 18.28.

REA Group Announces Dividend

The firm also recently declared a Interim dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 17th will be issued a $1.24 dividend. This represents a dividend yield of 74.0%. The ex-dividend date of this dividend is Monday, March 2nd. REA Group’s payout ratio is currently 89.47%.

REA Group Company Profile

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.