HomeCo Daily Needs REIT (ASX:HDN) Increases Dividend to $0.02 Per Share

HomeCo Daily Needs REIT (ASX:HDNGet Rating) announced a interim dividend on Thursday, September 22nd, MarketIndexAU reports. Stockholders of record on Thursday, November 24th will be given a dividend of 0.021 per share on Thursday, November 24th. This represents a dividend yield of 1.72%. The ex-dividend date is Wednesday, September 28th. This is an increase from HomeCo Daily Needs REIT’s previous interim dividend of $0.02.

HomeCo Daily Needs REIT Stock Performance

The company has a quick ratio of 0.24, a current ratio of 0.45 and a debt-to-equity ratio of 51.04.

Insider Transactions at HomeCo Daily Needs REIT

In related news, insider Simon Shakesheff bought 42,066 shares of the company’s stock in a transaction dated Monday, August 29th. The stock was purchased at an average cost of A$1.28 ($0.89) per share, with a total value of A$53,634.15 ($37,506.40).

About HomeCo Daily Needs REIT

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HomeCo Daily Needs REIT is an Australian Real Estate Investment Trust listed on the ASX with a mandate to invest in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail and Health & Services. HomeCo Daily Needs REIT aims to provide unitholders with consistent and growing distributions.

Further Reading

Dividend History for HomeCo Daily Needs REIT (ASX:HDN)

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