Abacus Group (ASX: ABG) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
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1 Year Return
Abacus Group Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$1.04 billion
P/E Ratio
3.32
Dividend Yield
11.77%
Shares Outstanding
893.66 million
Earnings per share
-0.523
Dividend per share
0.14
Year To Date Return
0.87%
Earnings Yield
30.11%
Franking
-
Share Price
Day Change
52 Week Range
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Abacus Group (ASX: ABG)
Latest News
Share Market News
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REITs
Results: Abacus Property share price lower on soft earnings
Capital Raising
Abacus share price slumps after announcing $250 million institutional placement
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Share Market News
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Share Market News
Abacus Property sells $46 million property – 3 REITs that are better value
Share Market News
Abacus Property share price lower on flat earnings result
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Should you be concerned by Investa Office Fund's 32.5% profit decrease?
Frequently Asked Questions
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Yes, Abacus has historically made two unfranked security holder distributions a year in February and August.
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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.
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Abacus Property Group listed on the ASX on 14 November 2002.
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 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.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File 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.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 17 May 2024 | $1.16 | $-0.01 | -0.85% | 307,655 | $1.17 | $1.17 | $1.16 |
| 16 May 2024 | $1.17 | $0.03 | 2.63% | 615,003 | $1.15 | $1.17 | $1.15 |
| 15 May 2024 | $1.14 | $0.00 | 0.00% | 877,908 | $1.14 | $1.15 | $1.13 |
| 14 May 2024 | $1.14 | $-0.02 | -1.72% | 547,363 | $1.16 | $1.18 | $1.14 |
| 13 May 2024 | $1.16 | $-0.01 | -0.86% | 386,742 | $1.19 | $1.19 | $1.15 |
| 10 May 2024 | $1.17 | $0.02 | 1.74% | 242,925 | $1.17 | $1.18 | $1.16 |
| 09 May 2024 | $1.15 | $-0.02 | -1.72% | 426,533 | $1.16 | $1.18 | $1.15 |
| 08 May 2024 | $1.17 | $-0.01 | -0.85% | 768,501 | $1.18 | $1.19 | $1.17 |
| 07 May 2024 | $1.18 | $0.02 | 1.72% | 432,645 | $1.17 | $1.18 | $1.16 |
| 06 May 2024 | $1.16 | $0.02 | 1.75% | 720,651 | $1.14 | $1.17 | $1.14 |
| 03 May 2024 | $1.14 | $0.00 | 0.00% | 672,830 | $1.14 | $1.16 | $1.14 |
| 02 May 2024 | $1.14 | $0.00 | 0.00% | 1,594,449 | $1.16 | $1.16 | $1.14 |
| 01 May 2024 | $1.14 | $-0.02 | -1.72% | 484,345 | $1.16 | $1.16 | $1.14 |
| 30 Apr 2024 | $1.16 | $0.01 | 0.87% | 567,330 | $1.14 | $1.17 | $1.14 |
| 29 Apr 2024 | $1.15 | $0.02 | 1.77% | 904,950 | $1.14 | $1.15 | $1.12 |
| 26 Apr 2024 | $1.13 | $-0.03 | -2.59% | 627,513 | $1.17 | $1.17 | $1.12 |
| 24 Apr 2024 | $1.16 | $0.00 | 0.00% | 595,702 | $1.16 | $1.17 | $1.15 |
| 23 Apr 2024 | $1.16 | $0.00 | 0.00% | 544,510 | $1.17 | $1.19 | $1.15 |
| 22 Apr 2024 | $1.16 | $0.02 | 1.76% | 620,211 | $1.15 | $1.17 | $1.14 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 06 Mar 2024 | Sally Herman | Buy | 10,608 | $12,099 |
On-market trade.
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| 06 Mar 2024 | Sally Herman | Buy | 19,292 | $22,004 |
On-market trade.
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| 29 Feb 2024 | Steven Sewell | Issued | 88,108 | $98,680 |
Issue of securities. 24,94,788 Rights
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| 06 Dec 2023 | Steven Sewell | Issued | 1,120,690 | $1,210,345 |
Issue of securities. 24,06,680 Rights
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| 13 Sep 2023 | Steven Sewell | Exercise | 185,107 | $197,138 |
Conversion of securities. 1285990 Rights
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| 13 Sep 2023 | Steven Sewell | Buy | 185,107 | $197,138 |
Conversion of securities.
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| 08 Sep 2023 | Steven Sewell | Issued | 267,992 | $297,471 |
Issue of securities. 14,71,097 Rights
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| 01 Sep 2023 | Steven Sewell | Buy | 128,519 | $151,009 |
Conversion of securities.
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| 01 Sep 2023 | Steven Sewell | Exercise | 128,519 | $151,009 |
Conversion of securities. 9,06,989 Rights
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| 22 Aug 2023 | Steven Sewell | Buy | 51,598 | $59,939 |
On-market trade.
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| 25 Jul 2023 | Steven Sewell | Issued | 130,636 | $343,572 |
Issued under employee share plan. 1,331,624 - Rights
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Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Steven Craig Sewell | Managing Director | Apr 2018 |
Mr Sewell has over 20 years of experience in real estate funds management, asset management, equity and debt capital markets and M&A transactions. His prior career experience is in listed and unlisted real estate funds management businesses, across various real estate sectors, providing Commercial experience and insight in relation to institutional investors, the whole Abacus Property Group's business and sector specialized investment strategies, capital allocation and developing third party capital relationships. He was appointed Abacus Property Group's Managing Director in April 2018, and is a member of Property Champions of Change and a member and past Chairman of the Shopping Centre Council of Australia.
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| Ms Sally Herman | Non-Executive Director | Dec 2022 |
Ms Herman brings expertise across property, financial services, retail and manufacturing sectors as a Non-Executive Director. Prior to that she had an executive career over 25 years, including 16 years with the Westpac Group in both Australia and the United States of America, running various operating divisions. She sits on both listed and not-for-profit boards, including Suncorp Group Limited, Premier Investments Limited, Breville Group Limited, Art Gallery of NSW Trust and Sydney Film Festival. She is also a member of Chief Executive Women. She is a member of the Abacus Property Group People and Performance Committee, Sustainability and WHS Committee.
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| 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 many years with the continued expansion of Kirsh Group's property and other investments, both in South Africa, Australia and internationally. She is a director of various companies associated with Kirsh Group worldwide. She is a member of the Abacus Property Group Sustainability and WHS Committee.
|
| Ms Jingmin Qian | Non-Executive Director | Sep 2017 |
Ms Qian a Non-Executive Director and has expertise in the property, infrastructure, and investment sectors as well as experience in Asia, a director of Jing Meridian and specializes in advising boards and senior management on investment, cross-cultural management, and governance. She has served as a member of the business liaison program of the Reserve Bank of Australia. She is a Non-Executive Director of IPH Limited, a trustee of HMC Capital Partner Fund, a member of Macquarie University Council, and Vice President of the Australia China Business Council. She is a member of Chief Executive Women. She is Chair of the Abacus Property Group Sustainability and WHS Committee and a member of the Abacus Property Group Risk Committee.
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| Mr Mark Haberlin | Non-Executive Director | Nov 2018 |
Mr Haberlin is a Non-Executive Director and is the Lead Independent Director. He 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. He was a partner at PwC for 24 years where he developed accounting and audit experience. He was a member of the PwC Governance Board and completed his last two years as Chair. He is also a Non-Executive Director of Australian Clinical Labs. He is Chair of the Abacus Property Group Audit Risk Committee and a member of the Abacus Property Group People and Performance Committee.
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| 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. He is also a Non-Executive Director of Landcom. He is Chair of the Abacus Property Group People and Performance Committee and a member of the Abacus Property Group Risk Committee and Nomination Committee.
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| Ms Belinda Ann Cleminson | Company Secretary | Oct 2022 |
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| Evan Goodridge | Chief Financial Officer |
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| Gavin Lechem | Chief Investment Officer and General Counsel (CIO) |
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| Belinda Ann Cleminson | Company Secretary |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Calculator Australia Pty Limited | 411,705,733 | 46.07% |
| HSBC Custody Nominees (Australia) Limited | 121,040,594 | 13.54% |
| J P Morgan Nominees Australia Pty Limited | 88,352,171 | 9.89% |
| Citicorp Nominees Pty Limited | 54,865,570 | 6.14% |
| Calculator Australia Pty Limited i | 51,192,965 | 5.73% |
| National Nominees Limited | 24,694,507 | 2.76% |
| Arym Investment Holdings Pty Ltd | 14,600,000 | 1.63% |
| Bnp Paribas Noms Pty Ltd | 11,554,146 | 1.29% |
| Citicorp Nominees Pty Limited i | 5,213,956 | 0.58% |
| BNP Paribas Nominees Pty Ltd | 3,788,323 | 0.42% |
| BNP Paribas Nominees Pty Ltd i | 2,448,761 | 0.27% |
| Ubs Nominees Pty Ltd | 2,422,512 | 0.27% |
| Merrill Lynch (Australia) Nominees Pty Limited | 2,229,790 | 0.25% |
| Charter Hall Wholesale Management Limited | 1,657,026 | 0.19% |
| Charter Hall Wholesale Management Ltd | 1,650,000 | 0.18% |
| HSBC Custody Nominees (Australia) Limited i | 1,564,869 | 0.18% |
| Warbont Nominees Pty Ltd | 1,434,039 | 0.16% |
| Nulis Nominees (Australia) Limited | 1,280,244 | 0.14% |
| BNP Paribas Noms (Nz) Ltd | 1,156,402 | 0.13% |
| HSBC Custody Nominees (Australia) Limited ii | 1,028,531 | 0.12% |
