Insider Buying: REA Group (ASX:REA) Insider Purchases A$109,797.17 in Stock

REA Group Limited (ASX:REA) insider Michael Miller purchased 649 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was bought at an average cost of A$169.18 per share, for a total transaction of A$109,797.17.

REA Group Stock Performance

The stock has a market cap of $35.68 billion, a price-to-earnings ratio of 117.85, a P/E/G ratio of 3.14 and a beta of 1.07. The company has a debt-to-equity ratio of 18.28, a current ratio of 1.53 and a quick ratio of 1.57.

REA Group Dividend Announcement

The business also recently declared a Interim dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 17th will be given a $1.24 dividend. This represents a dividend yield of 74.0%. The ex-dividend date of this dividend is Monday, March 2nd. REA Group’s payout ratio is currently 89.47%.

REA Group Company Profile

REA Group Limited engages in online property advertising business in Australia, India, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, smartline.com.au, makaan.com, housing.com, PropTiger.com, realtor.com, Flatmates.com.au, property.com.au, simpology.com.au, campaignagent.com.au, proptrack.com.au, myfun.com, housing.com, propertygurugroup.com, realtor.com, spacely.com.au, rumah123.com, iproperty.com.sg, 99.co, and 1form.com.au.