Goodman Group (ASX: GMG) Share Price and News
() Chart and Price Data
|Avg Daily Volume|
|52 Week Range||-|
|Year Return (Capital)|
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
James Mickleboro | July 18, 2020 4:16pm
Westpac Banking Corp (ASX: WBC) expects the cash rate to stay on hold until 2022. These ASX dividend shares will help you beat low... More »
James Mickleboro | July 17, 2020 2:06pm
Here's why I think a2 Milk Company Ltd (ASX:A2M) and these ASX 50 shares would be fantastic options for investors right now... More »
James Mickleboro | July 15, 2020 3:45pm
Here's why I think CSL Limited (ASX:CSL) and these outstanding ASX 200 shares would be great options for retirees right now... More »
James Mickleboro | July 12, 2020 2:01pm
I think Telstra Corporation Ltd (ASX:TLS) and these ASX blue chip shares could be quality additions to a retirement portfolio. Here's why... More »
Brendon Lau | July 9, 2020 4:08pm
The August reporting season will be an inflection point for the S&P/ASX 200. Here's how to best position for this event. More »
Sebastian Bowen | July 2, 2020 1:52pm
Is the Vanguard Australian Property Securities ETF (ASX: VAP) a good long-term investment for ASX dividend income in 2020? More »
Sebastian Bowen | July 1, 2020 6:10pm
E-commerce giant Amazon.com is set to open a 5th Australian fulfilment centre in Sydney. Here's what it means for ASX investors. More »
James Mickleboro | June 30, 2020 4:41pm
Here's why I think Telstra Corporation Ltd (ASX:TLS) and these ASX 200 shares could be top picks for retirees right now... More »
James Mickleboro | June 30, 2020 12:01pm
Collins Foods Ltd (ASX:CKF), Westpac Banking Corp (ASX:WBC), and WiseTech Global Ltd (ASX:WTC) shares are on the move on the ASX 200 today... More »
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.