Homeco Daily Needs Reit Share Price and Company Fundamentals



Price
$1.19
Change
0.015 (1.277%)
52 week
1.105 - 1.63

Last traded: Today at 5:10 AM

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. HomeCo Daily Needs REIT(ASX:HDN) operates independently of Home Consortium Limited as of December 31, 2020.

Key Metrics

PE ratio

4.01

PB ratio

0.74

Dividend yield

7.06%

Beta

-

Market cap

-

Enterprise value

-

Company profile

Primary activitiesOwning and managing a portfolio of commercial real estate assets
Industry / SectorREIT—Retail / Real Estate
Websitehttps://www.home-co.com.au
Mailing addressLevel 7 Gateway 1 Macquarie Place Sydney NSW 2000 Australia
Phone / Fax61 1300 466 326 /
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Homeco Daily Needs Reit Dividend history, yield and payout ratio

Dividend yield

7.06%

Dividend amount

$0.08

Payout ratio

29.50%

Homeco Daily Needs Reit paid $0.08 dividend and the ex-dividend date was 29 Sept 2022.The dividend payout ratio is 29.50%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.HDN dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

HDN's forward dividend amount is $0.08 and the forward dividend yield is 7.43%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Oct 2022, following are the company executives and directors listed on Homeco Daily Needs Reit.

NameTitleAgeTotal Pay
Mr. Sid SharmaCEO & COO
Mr. William McMickingGroup Chief Financial Officer - HMC Funds Management Limited
Mr. Misha MohlHead of Strategy & Investor Relations - HMC Funds Management Limited
Mr. Andrew SelimGen. Counsel & Company Sec. - HMC Funds Management Limited
Mr. John FreyCorp. Communications Counsel

Profitability and management effectiveness

Profit margin

168.65%

Operating margin

67.29%

Return on assets

2.68%

Return on equity

16.46%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Homeco Daily Needs Reit is and its enterprise value is .

Companies similar to Homeco Daily Needs Reit (HDN)

Homeco Daily Needs Reit (ASX:HDN) Frequently Asked Questions

1. What is Homeco Daily Needs Reit's Stock Symbol?

Homeco Daily Needs Reit trades on ASX under the ticker symbol "HDN".

2. What is Homeco Daily Needs Reit's stock price today?

One share of HDN stock can currently be purchased for approximately $1.19.

3. How can I contact Homeco Daily Needs Reit?

Homeco Daily Needs Reit's mailing address is Level 7 Gateway 1 Macquarie Place Sydney NSW 2000 Australia. The company can be reached via phone at 61 1300 466 326.

4. What is Homeco Daily Needs Reit's official website?

The official website of Homeco Daily Needs Reit is https://www.home-co.com.au.

5. Which share registry manages Homeco Daily Needs Reit's stock?

Homeco Daily Needs Reit's stock is managed by LINK MARKET SERVICES LIMITED.