Charter Hall Long WALE REIT (ASX:CLW) declared a final dividend on Wednesday, June 24th, MarketIndexAU reports. Investors of record on Friday, August 14th will be given a dividend of 0.072 per share on Friday, August 14th. This represents a yield of 1.55%. The ex-dividend date of this dividend is Monday, June 29th. This is a boost from Charter Hall Long WALE REIT’s previous final dividend of $0.07.
CLW stock opened at A$4.02 ($2.85) on Friday. The business’s 50-day moving average is A$4.03 and its two-hundred day moving average is A$4.88. The firm has a market capitalization of $1.96 billion and a P/E ratio of 10.69. The company has a debt-to-equity ratio of 26.43, a current ratio of 1.29 and a quick ratio of 1.06. Charter Hall Long WALE REIT has a 1 year low of A$3.52 ($2.50) and a 1 year high of A$5.98 ($4.24).
In other news, insider David Harrison acquired 20,000 shares of Charter Hall Long WALE REIT stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average cost of A$4.32 ($3.06) per share, with a total value of A$86,400.00 ($61,276.60).
Charter Hall Long WALE REIT is an Australian Real Estate Investment Trust (REIT) listed on the ASX (ASX: CLW) and invests in high quality Australasian real estate assets that are predominantly leased to corporate and government tenants on long term leases. Charter Hall Group (ASX:CHC) is one of Australia's leading fully integrated property groups, with over $26.4 billion of high quality, long leased property across the office, retail, industrial and social infrastructure sectors.
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