Mirvac Group Announces Final Dividend of $0.06 (ASX:MGR)

Mirvac Group (ASX:MGR) announced a final dividend on Friday, June 14th, MarketIndexAU reports. Stockholders of record on Friday, August 30th will be paid a dividend of 0.063 per share on Friday, August 30th. This represents a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, June 27th.

Shares of ASX:MGR opened at A$3.21 ($2.28) on Friday. The company has a current ratio of 1.06, a quick ratio of 0.35 and a debt-to-equity ratio of 41.61. The company has a market capitalization of $12.55 billion and a PE ratio of 9.33. Mirvac Group has a 1 year low of A$2.09 ($1.48) and a 1 year high of A$3.21 ($2.28).

In other news, insider Susan Lloyd-Hurwitz sold 321,294 shares of Mirvac Group stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of A$2.73 ($1.93), for a total value of A$875,847.44 ($621,168.40).

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About Mirvac Group

Mirvac is a leading, diversified Australian property group, with an integrated development and asset management capability. We have 45 years of experience in the property industry and an unmatched reputation for delivering superior products and services across our businesses. Principally located in Australia's four key cities of Sydney, Melbourne, Brisbane and Perth, Mirvac owns and manages assets across the office, retail and industrial sectors, with over $17 billion of assets currently under management.

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