How were Abacus Property Group's earnings last quarter?

Abacus Property Group (ASX:ABP) issued its quarterly earnings data on Thursday, August, 16th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. Abacus Property Group had a trailing twelve-month return on equity of 8.57% and a net margin of 85.98%.

How often does Abacus Property Group pay dividends? What is the dividend yield for Abacus Property Group?

Abacus Property Group announced a Final dividend on Thursday, June 29th. Shareholders of record on Wednesday, August 30th will be paid a dividend of 0.094 per share on Wednesday, August 30th. This represents a yield of 3.38%. The ex-dividend date of this dividend is Thursday, June 29th. This is a boost from the stock's previous Final dividend of A$0.09. Read our dividend analysis for ABP .

Is Abacus Property Group a good dividend stock?

Abacus Property Group (ASX:ABP) pays an annual dividend of A$0.19 per share and currently has a dividend yield of 7.04%. ABP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 57.58%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ABP .

What other stocks do shareholders of Abacus Property Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Abacus Property Group investors own include Growthpoint Properties Australia (GOZ) , Lakeland Industries (LAKE) , Ovintiv (OVV) , SIG (SHI) , American Airlines Group (AAL) , AbbVie (ABBV) , AC Immune (ACIU) , Agenus (AGEN) and Apollo Investment (AINV) .

ASX:ABP

Abacus Property Group (ABP) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: N/A
52-Week Range: N/A

Volume: 1.45 million shs
Average Volume: N/A
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 7.04%
Price Target: N/A

Stock Analysis

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About Abacus Property Group

Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Commercial property and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value. Our people, market insight and repositioning capability together with strategic partnering are the key enablers of our strategy. Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 Index and the FTSE EPRA NAREIT Global Real Estate Index Series. Abacus is comprised of Abacus Group Holdings Limited (the nominated parent entity), Abacus Group Projects Limited and Abacus Storage Operations Limited, Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust. The shares and units in these entities are stapled together and trade as one security in ABP.

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ABP Stock News Headlines

February 1, 2024 | morningstar.com

Simon Property Group Inc

October 30, 2023 | msn.com

MoneyTalks: Morningstar says buy Abacus Property despite headwinds, accumulate Credit Corp

April 19, 2024 | InvestorPlace (Ad)

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October 10, 2023 | morningstar.com

Abacus Group Stapled (Unit, Ordinary Share) - New

August 3, 2023 | uk.finance.yahoo.com

ABP.AX - Abacus Property Group

June 19, 2023 | afr.com

Storage king rides hot property to list on ASX

June 15, 2023 | technews.tmcnet.com

Abacus Life Continues to Expand Market Share in Life Settlement Payouts

June 2, 2023 | msn.com

Is real estate about to rocket again? 2 ASX shares to buy for the comeback

April 19, 2024 | InvestorPlace (Ad)

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April 18, 2023 | finance.yahoo.com

Abacus Property Group's (ASX:ABP) top owners are private companies with 52% stake, while 35% is held by individual investors

March 17, 2023 | finance.yahoo.com

Insiders may be rethinking their AU$39m Abacus Property Group (ASX:ABP) investment now that the company has lost AU$98m in value

March 1, 2023 | markets.businessinsider.com

Abacus Property GroupStapled Security Comprise of 1 ut Abacus Tr, 1 ut Abacus Incm Tr,1 sh Abacus

February 17, 2023 | uk.finance.yahoo.com

As Abacus Property Group (ASX:ABP) grows 4.6% this past week, investors may now be noticing the company's three-year earnings growth

August 29, 2022 | nz.finance.yahoo.com

Bullish insiders at Abacus Property Group (ASX:ABP) loaded up on AU$956k of stock earlier this year

June 13, 2022 | morningstar.com

Abacus Property Group - Stock Valuation ABP

June 2, 2022 | nz.finance.yahoo.com

$275k fine for anyone providing this supermarket staple

May 31, 2022 | finance.yahoo.com

How Much Of Abacus Property Group (ASX:ABP) Do Institutions Own?

May 25, 2022 | afr.com

WAM Active Limited

May 4, 2022 | morningstar.com

Abacus Property Group - Stock Sustainability ABP

March 22, 2022 | finance.yahoo.com

Abacus Property Group's (ASX:ABP) recent AU$133m market cap decline means a loss of AU$27k for insiders who bought this year

December 22, 2021 | finance.yahoo.com

What Kind Of Shareholders Own Abacus Property Group (ASX:ABP)?

September 23, 2021 | finance.yahoo.com

The MD & Director of Abacus Property Group (ASX:ABP), Steven Sewell, Just Bought 49% More Shares

July 28, 2021 | finance.yahoo.com

Should You Take Comfort From Insider Transactions At Abacus Property Group (ASX:ABP)?

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Company Calendar

Last Earnings: 8/16/2018
Today: 4/18/2024

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Industry, Sector and Symbol

Stock Exchange: ASX
Sector: Real Estate
Industry: REIT—Diversified
Sub-Industry: N/A
Current Symbol: ASX:ABP
CUSIP: N/A
CIK: N/A
Web: www.abacusproperty.com.au
Phone: +61-2-92538600
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): A$0.33
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: 7.18
Net Income: $286.84 million
Net Margins: 85.98%
Pretax Margin: N/A
Return on Equity: 8.57%
Return on Assets: 1.97%

Debt

Debt-to-Equity Ratio: 55.04
Current Ratio: 1.72
Quick Ratio: 1.60

Sales & Book Value

Annual Sales: $333.62 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 10.97
Book Value: A$3.93 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 893,660,000
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 0.91

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Key Executives

Mr. Steven Craig Sewell B.Sc. (Age 57)
BSc, MD & Director
Comp: $2.3M
Mr. Gavin Lechem
Chief Investment Officer & Gen. Counsel
Mr. Evan Goodridge
Chief Financial Officer
Cynthia Rouse
GM of Investor Relations & Corp. Communications
Ms. Paula Bauchinger
Exec. Gen. Mang. of People & Culture
Michael Tate
Chief Exec. Officer of Storage King
Ms. Belinda Cleminson
Company Sec.
Ms. Nikki Lawson
Group Gen. Mang. of Strategy & Self Storage

Key Competitors

View All Competitors

Insiders

Steven Sewell
Sold 130,636 shares
Total: $343,572.68 ($2.63/share)

ABP Stock Analysis - Frequently Asked Questions

How were Abacus Property Group's earnings last quarter?: Abacus Property Group (ASX:ABP) issued its quarterly earnings data on Thursday, August, 16th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. Abacus Property Group had a trailing twelve-month return on equity of 8.57% and a net margin of 85.98%.
How often does Abacus Property Group pay dividends? What is the dividend yield for Abacus Property Group?: Abacus Property Group announced a Final dividend on Thursday, June 29th. Shareholders of record on Wednesday, August 30th will be paid a dividend of 0.094 per share on Wednesday, August 30th. This represents a yield of 3.38%. The ex-dividend date of this dividend is Thursday, June 29th. This is a boost from the stock's previous Final dividend of A$0.09.
Read our dividend analysis for ABP.
Is Abacus Property Group a good dividend stock?: Abacus Property Group (ASX:ABP) pays an annual dividend of A$0.19 per share and currently has a dividend yield of 7.04%. ABP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 57.58%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ABP.
What other stocks do shareholders of Abacus Property Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Abacus Property Group investors own include Growthpoint Properties Australia (GOZ), Lakeland Industries (LAKE), Ovintiv (OVV), SIG (SHI), American Airlines Group (AAL), AbbVie (ABBV), AC Immune (ACIU), Agenus (AGEN) and Apollo Investment (AINV).

This page (ASX:ABP) was last updated on 4/19/2024 by MarketBeat.com Staff

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