REA Group Limited (ASX:REA) Announces Dividend Increase – $1.10 Per Share

REA Group Limited (ASX:REA) declared a interim dividend on Friday, February 7th,MarketIndexAU Dividends reports. Shareholders of record on Tuesday, March 18th will be paid a dividend of 1.10 per share on Tuesday, March 18th. This represents a yield of 0.42%. The ex-dividend date is Monday, March 3rd. This is a positive change from REA Group’s previous interim dividend of $0.87.

REA Group Stock Performance

The company has a current ratio of 1.53, a quick ratio of 1.57 and a debt-to-equity ratio of 17.81.

Insider Buying and Selling at REA Group

In other REA Group news, insider Owen Wilson sold 13,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of A$236.67 ($148.85), for a total transaction of A$3,076,723.00 ($1,935,045.91). Corporate insiders own 64.18% of the company’s stock.

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.