Abacus Group (ASX: ABG) Share Price and News

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Abacus Group Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $1.07 billion
P/E Ratio 3.32
Dividend Yield 7.08%
Shares Outstanding 893.66 million
Earnings per share -0.271
Dividend per share 0.09
Year To Date Return 8.04%
Earnings Yield 30.11%
Franking 50.1176470588
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as at 24 Feb 3:44pm

  • Abacus Group (ASX: ABG)
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    Frequently Asked Questions

    Yes, Abacus has historically made two unfranked security holder distributions a year in February and August.

    Yes, Abacus has a distribution reinvestment plan (DRP) allowing security holders to convert part or all of their distributions into additional securities. The status of the DRP is included in results announcements.

    Abacus Property Group listed on the ASX on 14 November 2002.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    28 Jun 2024 $0.0425 50.12% Final 30 Aug 2024
    28 Dec 2023 $0.0425 0.00% Interim 29 Feb 2024
    30 Jun 2023 $0.0940 0.00% Final 31 Aug 2023
    29 Dec 2022 $0.0900 0.00% Interim 28 Feb 2023
    30 Jun 2022 $0.0925 0.00% Final 31 Aug 2022
    30 Dec 2021 $0.0875 0.00% Interim 28 Feb 2022
    23 Aug 2021 $0.0050 0.00% Special Cash 30 Sep 2021
    29 Jun 2021 $0.0850 0.00% Final 31 Aug 2021
    14 Jan 2021 $0.0850 0.00% Interim 26 Feb 2021
    29 Jun 2020 $0.0905 0.00% Final 31 Aug 2020
    30 Dec 2019 $0.0945 0.00% Interim 28 Feb 2020
    27 Jun 2019 $0.0925 0.00% Final 30 Aug 2019
    28 Dec 2018 $0.0925 0.00% Interim 28 Feb 2019
    28 Jun 2018 $0.0900 0.00% Final 31 Aug 2018
    17 Jan 2018 $0.0900 0.00% Interim 28 Feb 2018
    06 Jul 2017 $0.0875 0.00% Final 31 Aug 2017
    17 Jan 2017 $0.0875 0.00% Interim 28 Feb 2017
    06 Jul 2016 $0.0850 0.00% Final 31 Aug 2016
    15 Jan 2016 $0.0850 0.00% Interim 26 Feb 2016
    17 Jan 2014 $0.0825 0.00% Interim 27 Feb 2014

    ABG ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Abacus Group

    Abacus Property Group (ASX: ABP) is a diversified property group with interests in storage, office, and retail. Its assets are concentrated in metropolitan centres in Australia's eastern and southern states and in Auckland, New Zealand.

    Under its current strategy, Abacus is aiming for a simpler and more conservative business, primarily as an owner of self-storage and office assets. It remains an active acquirer and developer of self-storage properties which make up more than half of its portfolio. The group has divested its previous interests in residential property.

    Abacus is a stapled security comprising a share in each of Abacus Group Holdings and Abacus Group Projects and a unit in each of Abacus Trust and Abacus Income Trust, which can only be traded together.

    ABG Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    05 Dec 2024 $1.20 $0.03 2.56% 843,332 $1.17 $1.22 $1.17
    04 Dec 2024 $1.17 $-0.03 -2.50% 508,245 $1.20 $1.20 $1.17
    03 Dec 2024 $1.20 $0.00 0.00% 420,062 $1.19 $1.21 $1.19
    02 Dec 2024 $1.20 $-0.01 -0.83% 233,026 $1.21 $1.22 $1.20
    29 Nov 2024 $1.21 $-0.01 -0.82% 276,778 $1.23 $1.23 $1.21
    28 Nov 2024 $1.22 $0.01 0.83% 323,624 $1.20 $1.23 $1.20
    27 Nov 2024 $1.21 $0.01 0.83% 210,826 $1.23 $1.23 $1.19
    26 Nov 2024 $1.20 $0.01 0.84% 400,062 $1.18 $1.21 $1.18
    25 Nov 2024 $1.19 $0.02 1.71% 1,009,608 $1.17 $1.20 $1.17
    22 Nov 2024 $1.17 $-0.01 -0.85% 741,297 $1.23 $1.23 $1.17
    21 Nov 2024 $1.18 $0.00 0.00% 375,449 $1.17 $1.19 $1.17
    20 Nov 2024 $1.18 $-0.03 -2.48% 471,578 $1.21 $1.21 $1.18
    19 Nov 2024 $1.21 $-0.01 -0.82% 342,950 $1.21 $1.23 $1.21
    18 Nov 2024 $1.22 $-0.02 -1.61% 556,090 $1.25 $1.25 $1.22
    15 Nov 2024 $1.24 $0.02 1.65% 340,306 $1.22 $1.25 $1.22
    14 Nov 2024 $1.22 $0.01 0.83% 215,532 $1.22 $1.22 $1.20
    13 Nov 2024 $1.21 $-0.01 -0.82% 275,658 $1.24 $1.24 $1.20
    12 Nov 2024 $1.22 $0.00 0.00% 335,234 $1.22 $1.24 $1.21
    11 Nov 2024 $1.22 $0.01 0.83% 419,950 $1.21 $1.23 $1.21
    08 Nov 2024 $1.21 $0.03 2.54% 816,625 $1.18 $1.22 $1.18
    07 Nov 2024 $1.18 $0.00 0.00% 654,860 $1.19 $1.19 $1.16
    06 Nov 2024 $1.18 $0.00 0.00% 597,212 $1.23 $1.23 $1.17

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    28 Nov 2024 Trent Alston Buy 12,888 $15,593
    On-market trade.
    27 Nov 2024 Trent Alston Buy 13,572 $16,285
    On-market trade.
    13 Sep 2024 Steven Sewell Exercise 118,808 $155,638
    Conversion of securities. 2,351,072 Rights
    13 Sep 2024 Steven Sewell Issued 118,808 $155,638
    Conversion of securities. As per announcement on 20-09-2024
    13 Sep 2024 Steven Sewell Issued 284,993 $373,340
    Issue of securities. 2,636,065 Rights
    23 Aug 2024 Steven Sewell Expiry 110,602 $124,427
    As advised by the company. Lapsed, 2,469,880 Rights
    23 Jul 2024 Steven Sewell Issued 85,694 $96,405
    Issue of securities. 2,580,482 Rights
    24 Jun 2024 Sally Herman Buy 42,050 $49,930
    On-market trade.
    06 Mar 2024 Sally Herman Buy 19,292 $22,004
    On-market trade.
    06 Mar 2024 Sally Herman Buy 10,608 $12,099
    On-market trade.
    29 Feb 2024 Steven Sewell Issued 88,108 $98,680
    Issue of securities. 24,94,788 Rights
    06 Dec 2023 Steven Sewell Issued 1,120,690 $1,210,345
    Issue of securities. 24,06,680 Rights

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Steven Craig Sewell Managing Director Apr 2018
    Mr Sewell brings over 20 years of experience in real estate funds management, asset management, equity and debt capital markets and M&A transactions. Steven's prior career experience is in listed and unlisted real estate funds management businesses, across real estate sectors, providing Commercial experience and insight in relation to institutional investors, the whole Abacus Group's business and sector investment strategies, capital allocation and developing third party capital relationships. Steven is a member of Property Champions of Change and a member and past Chairman of the Shopping Centre Council of Australia.
    Mrs Myra Salkinder Non-Executive DirectorNon-Executive Chairman Apr 2011
    Mrs Salkinder is a Non Independent, Non-Executive Director and is a senior executive of the Kirsh Group. She has been integrally involved over years with the continued expansion of Kirsh Group's property and other investments, in South Africa, Australia and internationally. Myra is a director of companies associated with Kirsh Group worldwide. Myra is a member of the Sustainability and WHS Committee.
    Ms Jingmin Qian Non-Executive Director Sep 2017
    Ms Qian has expertise in the property, infrastructure and investment sectors as well as experience in Asia. Jingmin previously worked at L.E.K. Consulting, Boral Limited and Leighton Holdings, with a range of commercial responsibilities covering strategy, planning, investment review, mergers and acquisitions, operational improvement and Asia expansion. Jingmin has served as a member of the business liaison program of the Reserve Bank of Australia. Jingmin is a non-executive director of IPH Limited, a trustee of HMC Capital Partner Fund, a member of Macquarie University Council, a director of the CFA Society Australia, Jing Meridian and the National Vice President of the Australia China Business Council. Jingmin is Chair of the Sustainability and WHS Committee and a member of the Risk Committee.
    Mr Mark Haberlin Non-Executive Director Nov 2018
    Mr Haberlin has expertise in fields that cover accounting and audit, capital transactions, mergers and acquisitions and risk management in the real estate and financial services sectors. Mark was a partner at PwC for 24 years where he developed accounting and audit experience. Mark was a member of the PwC Governance Board and completed his last two years as Chair. Mark is also a Non-Executive Director of Australian Clinical Labs. Mark is Chair of the Risk Committee and a member of the People Performance Committee.
    Mr Trent Alston Non-Executive Director Sep 2019
    Mr Alston is a Non-Executive Director and has over 30 years of experience in the real estate and funds management industry, with the last 13 years as Head of Real Estate for Challenger Limited. His experience includes direct and wholesale property roles at Colonial First State Property and Lendlease. Trent is also a Non-Executive Director of Landcom. Trent is Chair of the Abacus Group People Performance Committee and a member of the Abacus Group Risk Committee.
    Ms Belinda Ann Cleminson Company Secretary Oct 2022
    -
    Evan Goodridge Chief Financial Officer
    -
    Gavin Lechem Chief Investment Officer and General Counsel
    -
    Belinda Ann Cleminson Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Calculator Australia Pty Limited i 395,545,894 44.26%
    J P Morgan Nominees Australia Pty Limited 120,953,746 13.53%
    HSBC Custody Nominees (Australia) Limited 102,481,708 11.47%
    Citicorp Nominees Pty Limited i 61,732,816 6.91%
    Calculator Australia Pty Limited ii 51,192,965 5.73%
    Arym Investment Holdings Pty Ltd 14,600,000 1.63%
    BNP Paribas Noms Pty Ltd 11,200,337 1.25%
    National Nominees Limited 6,870,813 0.77%
    Charter Hall Wholesale Management Limited i 5,750,000 0.64%
    BNP Paribas Nominees Pty Ltd i 5,257,999 0.59%
    BNP Paribas Nominees Pty Ltd ii 4,064,295 0.45%
    Solium Nominees (Aus) Pty Ltd 3,876,701 0.43%
    Charter Hall Wholesale Management Limited ii 3,597,461 0.40%
    Citicorp Nominees Pty Limited ii 1,838,065 0.21%
    IOOF Investment Services Limited 1,417,835 0.16%
    Netwealth Investments Limited 1,051,734 0.12%
    Quixley Finance Pty Limited 938,439 0.11%
    Charter Hall Wholesale Management Ltd 775,000 0.09%
    Mr Steven Craig Sewell 763,108 0.09%
    Akat Investments Pty Limited <Tag Family Core 750,000 0.08%

    Profile

    since

    Note