Motley Fool Australia

Goodman Group (ASX: GMG) Share Price and News

() Chart and Price Data

(20 mins delayed)

.

Price
Bid/Ask /
Volume
Avg Daily Volume
Day Movement
Day High/Low /
52 Week Range -
Year Return (Capital)
As at

Goodman Group (ASX: GMG) is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil.

The group was formed following the merger of Macquarie Goodman Industrial Trust and Macquarie Goodman Management in 2005. GMG operates four divisions: Property Investment, Fund Management, Property Services and Property Development. As at 30th June 2018, GMG had $38.3 billion assets under management and 366 properties.

Goodman Group is now the largest REIT (real estate investment trust) in Australia, which makes GMG shares a favourite of listed property enthusiasts. GMG shares first listed on the ASX on 2 February 2005 and the GMG share price has risen exponentially since then. The group now takes its place as one of the largest companies on the sharemarket.

Goodman Group (ASX: GMG) Latest News

Amazon

This stock’s biggest customer is Amazon

Want to profit from Amazon on the ASX? Try this stock. More »


Real estate

Why I won’t buy REITs amid a rising interest rate environment

A-REITs can offer attractive yields but most A-REITs are not invested in housing, and the A-REIT sector will soften as interest rates rise. More »


share price crash

Why Transurban Group and Sydney Airport Holdings Ltd are tumbling today

These stocks are tumbling due to the Federal Reserve. More »


green piggy bank

Will the US interest rate rise affect Aussie shares?

The interest rate is poised to rise in the US. More »


property house

Is the Goodman Group good enough to grow your wealth?

Find out what the Goodman Group (ASX:GMG) has in common with Westfield Corp Ltd, Amazon and Facebook. More »


money loading, invest, boost earnings

Here’s a quick way to boost your income with these 3 ETFs

Find out more about these 3 ETFs that can boost your income in this low interest rate environment. More »


tax

Forget the Paradise Papers: These shares have record low effective tax rates

Tax has been a subject of huge debate in recent times, and so it should be. These ASX stocks have record low effective tax... More »


property investment

3 under-the-radar REITs

Investors shouldn’t underestimate the potential of REITs. More »


bricks

The Brickworks Limited Annual Report is out: What you need to know

The Brickworks Limited (ASX:BKW) share price has traded lower today following the release of its annual results. More »


Bull and bear market concept

6 shares you need to watch on Monday

Fortescue Metals Group (ASX:FMG) shares will be in focus with the miner due to report its earnings results More »


Australian and US currency

Top broker says buy these 3 stocks for short-term bounce

Increased volatility during this reporting season is creating some interesting opportunities. Morgan Stanley is tipping these three stocks to outperform in the short-term. More »


Goodman Group share price hits new 10-year high of $5.41 per share

The Goodman Group (ASX:GMG) share price has climbed to a new 10-year high of $8.66 per share. More »


A2 Milk shares

3 companies I wouldn’t buy for their global diversification

Should you buy shares in Goodman Group (ASX:GMG), a2 Milk Company Ltd (Australia) (ASX:A2M), and Ardent Leisure Group (ASX:AAD)? More »


3 REITs with growing dividend yields on my watch list

Scentre Group (ASX:SCG) and BWP Trust (ASX:BWP) are 2 of 3 trusts to keep your eye on in 2017. More »


FAQ

Will Goodman Group pay a dividend in 2020?

Because Goodman Group is a real estate investment trust (REIT), its payments are generally called distributions rather than dividends. The company paid an interim distribution of 15 cents per unit in late February 2020. Goodman Group has also declared a final distribution of 15 cents to be paid on 28 August 2020. The REIT began paying distributions in 2007, two years after listing on the ASX. All the company’s payments to date, with the exception of one, have been unfranked. The group’s policy is to distribute around 50% of operating earnings and taxable income for the full year.

Does Goodman Group offer a DRP?

Goodman Group has operated a distribution reinvestment plan in the past however, as at June 2020 and ever since late 2016, the plan has been suspended.