The GPT Group (ASX:GPT) Insider Russell Proutt Purchases 50,000 Shares of Stock

The GPT Group (ASX:GPT) insider Russell Proutt purchased 50,000 shares of The GPT Group stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average price of A$4.96 per share, for a total transaction of A$248,000.00.

Russell Proutt also recently made the following trade(s):

• On Tuesday, February 17th, Russell Proutt bought 100,000 shares of The GPT Group stock. The stock was purchased at an average cost of A$5.10 per share, for a total transaction of A$510,000.00.

The GPT Group Stock Performance

The firm has a market cap of $8.72 billion, a P/E ratio of -17.85, a price-to-earnings-growth ratio of 3.69 and a beta of 1.08. The company has a current ratio of 0.46, a quick ratio of 0.36 and a debt-to-equity ratio of 48.92.

The GPT Group Dividend Announcement

The firm also recently disclosed a Final dividend, which will be paid on Thursday, February 26th. Shareholders of record on Thursday, February 26th will be issued a $0.12 dividend. The ex-dividend date is Monday, December 29th. This represents a yield of 215.0%. The GPT Group’s dividend payout ratio (DPR) is -100.00%.

About The GPT Group

GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.