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

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

Shares of ASX:MGR traded up A$0.02 ($0.01) on Friday, hitting A$3.21 ($2.28). 12,469,486 shares of the company’s stock were exchanged, compared to its average volume of 16,280,000. The stock has a market cap of $12.55 billion and a P/E ratio of 9.33. The company has a debt-to-equity ratio of 41.61, a quick ratio of 0.35 and a current ratio of 1.06. 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 the firm’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of A$2.73 ($1.93), for a total transaction 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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