Goodman Group (ASX: GMG) Share Price and News
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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 | September 11, 2020 3:53pm
Insiders have been selling Goodman Group (ASX:GMG) and this ASX shares in September. Here's what you need to know... More »
James Mickleboro | September 10, 2020 3:20pm
Here's why I think Telstra Corporation Ltd (ASX:TLS) and this ASX 50 share could be great option for investors right now... More »
Tristan Harrison | September 3, 2020 7:55am
It’s official. Australia is in a recession. But I don’t think that should both the ASX share market. Stay invested and keep investing. More »
James Mickleboro | August 29, 2020 2:03pm
Here's why I think Collins Foods Ltd (ASX:CKF) and these ASX shares could be great options for a retirement portfolio... More »
James Mickleboro | August 29, 2020 9:15am
An investment in Domino's Pizza Enterprises Ltd (ASX:DMP) and these ASX shares could have made you very wealthy over the last 10 years... More »
James Mickleboro | August 26, 2020 4:25pm
Here's why I think Cochlear Limited (ASX:COH) and this blue chip ASX share could be top long term investment options for investors... More »
James Mickleboro | August 20, 2020 7:10pm
Here's why I would buy CSL Limited (ASX:CSL) and these quality ASX blue chip shares right now... More »
Toby Thomas | August 19, 2020 11:59am
The Dexus share price is edging slightly higher today on FY20 results but the property group is not on my buy list. Here's why More »
James Mickleboro | August 14, 2020 2:07pm
Here's why I would buy CSL Limited (ASX:CSL) and these blue chip ASX 200 shares in August... 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.