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

REA Group Limited (ASX:REA) insider Nicholas (Nick) Dowling acquired 285 shares of REA Group stock in a transaction on Friday, February 13th. The shares were purchased at an average cost of A$163.00 per share, with a total value of A$46,455.00.

REA Group Price Performance

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

REA Group Dividend Announcement

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

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.