ALE Property Group (LEP) To Go Ex-Dividend on June 29th

ALE Property Group (ASX:LEP) announced a final dividend on Wednesday, June 24th, MarketIndexAU reports. Shareholders of record on Monday, September 7th will be given a dividend of 0.105 per share on Monday, September 7th. This represents a yield of 2.13%. The ex-dividend date is Monday, June 29th.

Shares of LEP opened at A$4.29 ($3.04) on Friday. ALE Property Group has a fifty-two week low of A$3.32 ($2.35) and a fifty-two week high of A$5.77 ($4.09). The company has a market capitalization of $839.85 million and a price-to-earnings ratio of 20.24. The firm has a 50-day simple moving average of A$4.27 and a 200-day simple moving average of A$4.85. The company has a debt-to-equity ratio of 93.58, a quick ratio of 0.10 and a current ratio of 0.11.

ALE Property Group Company Profile

ALE Property Group (ASX:LEP) is the owner of Australia's largest portfolio of freehold pub properties. Established in November 2003, ALE owns a portfolio of around 86 pub properties across the five mainland states of Australia. All of the properties are leased to Australian Leisure and Hospitality Group Limited (ALH) for an average initial term of around a further 13 years.

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