Rural Funds Group (ASX: RFF) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
-
1 Year Return
Rural Funds Group Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$795.90 million
P/E Ratio
9.44
Dividend Yield
5.72%
Shares Outstanding
388.24 million
Earnings per share
0.217
Dividend per share
0.12
Year To Date Return
-0.54%
Earnings Yield
10.60%
Franking
-
Share Price
Day Change
52 Week Range
-
Yesterday's Close
Today's Open
Days Range
-
Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Rural Funds Group (ASX: RFF)
Latest News
Dividend Investing
Why I keep loading up on these 2 ASX passive income machines
Opinions
Top ASX stock to buy as a thrifty investor (the old Warren Buffett way)
Dividend Investing
4 ASX income stocks to buy for 4% to 8% dividend yields
Dividend Investing
2 cheap ASX dividend shares I'd buy for income
Opinions
Here are 3 reliable ASX shares I'd buy instead of the big four banks right now
Cheap Shares
3 ASX shares that look way too cheap to ignore right now
Opinions
Why I think this ASX 300 stock is a fantastic pick for dividend income
Dividend Investing
Brokers say these high yield ASX 300 dividend shares are top buys
Dividend Investing
Almost ready to retire? I'd buy cheap ASX dividend shares for income
Dividend Investing
Where I'd invest $10,000 in ASX shares for passive income
Dividend Investing
Here are 3 ASX income shares to buy in May
Dividend Investing
3 high-yield ASX 300 dividend stocks to buy for your income portfolio
Frequently Asked Questions
-
Yes, Rural Funds has historically paid four unfranked or partially franked distributions a year.
-
Rural Funds generally pays its distributions in January, April, July, and October.
-
Rural Funds Group listed on the ASX on 14 February 2014.
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 27 Jun 2024 | $0.0293 | 0.00% | Final | 31 Jul 2024 |
| 27 Mar 2024 | $0.0293 | 0.00% | Interim | 30 Apr 2024 |
| 28 Dec 2023 | $0.0293 | 0.00% | Interim | 31 Jan 2024 |
| 28 Sep 2023 | $0.0293 | 0.00% | Interim | 31 Oct 2023 |
| 29 Jun 2023 | $0.0293 | 9.22% | Final | 31 Jul 2023 |
| 30 Mar 2023 | $0.0293 | 9.22% | Interim | 28 Apr 2023 |
| 29 Dec 2022 | $0.0293 | 9.22% | Interim | 31 Jan 2023 |
| 29 Sep 2022 | $0.0293 | 9.22% | Interim | 31 Oct 2022 |
| 29 Jun 2022 | $0.0293 | 0.00% | Final | 29 Jul 2022 |
| 30 Mar 2022 | $0.0293 | 0.00% | Interim | 29 Apr 2022 |
| 30 Dec 2021 | $0.0293 | 0.00% | Interim | 31 Jan 2022 |
| 29 Sep 2021 | $0.0293 | 0.00% | Interim | 29 Oct 2021 |
| 29 Jun 2021 | $0.0282 | 0.00% | Final | 30 Jul 2021 |
| 30 Mar 2021 | $0.0282 | 0.00% | Interim | 30 Apr 2021 |
| 30 Dec 2020 | $0.0282 | 0.00% | Interim | 29 Jan 2021 |
| 29 Sep 2020 | $0.0282 | 0.00% | Interim | 30 Oct 2020 |
| 29 Jun 2020 | $0.0271 | 0.00% | Final | 31 Jul 2020 |
| 30 Mar 2020 | $0.0271 | 0.00% | Interim | 30 Apr 2020 |
| 30 Dec 2019 | $0.0271 | 0.00% | Interim | 31 Jan 2020 |
| 27 Sep 2019 | $0.0271 | 0.00% | Interim | 31 Oct 2019 |
| 27 Jun 2019 | $0.0261 | 0.00% | Final | 31 Jul 2019 |
| 28 Mar 2019 | $0.0261 | 0.00% | Interim | 30 Apr 2019 |
| 28 Dec 2018 | $0.0261 | 0.00% | Interim | 31 Jan 2019 |
| 27 Sep 2018 | $0.0261 | 0.00% | Interim | 31 Oct 2018 |
| 28 Mar 2018 | $0.0251 | 0.00% | Interim | 30 Apr 2018 |
| 28 Dec 2017 | $0.0251 | 0.00% | Interim | 31 Jan 2018 |
| 28 Sep 2017 | $0.0000 | 0.00% | Final | 31 Oct 2017 |
| 29 Jun 2017 | $0.0000 | 0.00% | Final | 31 Jul 2017 |
| 30 Mar 2017 | $0.0000 | 0.00% | Interim | 28 Apr 2017 |
| 28 Dec 2016 | $0.0241 | 0.00% | Interim | 31 Jan 2017 |
| 29 Sep 2016 | $0.0241 | 0.00% | Interim | 28 Oct 2016 |
| 29 Jun 2016 | $0.0223 | 0.00% | Final | 29 Jul 2016 |
| 30 Mar 2016 | $0.0223 | 0.00% | Interim | 29 Apr 2016 |
| 29 Dec 2015 | $0.0223 | 0.00% | Interim | 29 Jan 2016 |
| 24 Dec 2014 | $0.0215 | 0.00% | Interim | 15 Jan 2015 |
| 04 Mar 2014 | $0.0213 | 0.00% | Interim | 14 Apr 2014 |
RFF 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 Rural Funds Group
Rural Funds Group (ASX: RFF) is a real estate investment trust (REIT) that holds and leases agricultural land and equipment. The company manages around $2 billion of diversified farmland and assets located in Queensland, New South Wales, Victoria, South Australia, and Western Australia.
Its segments include cattle, almonds, macadamias, cropping, vineyards, and other agricultural products. The majority of its revenue is derived from its cattle and almond segments.
Historically, Rural Funds' assets have been acquired in sectors where Australia has a comparative advantage and the company has operational experience. Its assets are mostly leased to corporate operators.
RFF Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 25 Jul 2024 | $2.05 | $0.00 | 0.00% | 294,391 | $2.04 | $2.05 | $2.03 |
| 24 Jul 2024 | $2.05 | $-0.01 | -0.49% | 88,006 | $2.04 | $2.07 | $2.04 |
| 23 Jul 2024 | $2.06 | $0.02 | 0.98% | 218,990 | $2.04 | $2.07 | $2.02 |
| 22 Jul 2024 | $2.04 | $0.00 | 0.00% | 184,837 | $2.04 | $2.05 | $2.03 |
| 19 Jul 2024 | $2.04 | $-0.04 | -1.92% | 323,007 | $2.07 | $2.08 | $2.04 |
| 18 Jul 2024 | $2.08 | $-0.02 | -0.95% | 270,264 | $2.09 | $2.11 | $2.07 |
| 17 Jul 2024 | $2.10 | $0.01 | 0.48% | 287,578 | $2.10 | $2.12 | $2.09 |
| 16 Jul 2024 | $2.09 | $-0.02 | -0.95% | 292,285 | $2.11 | $2.12 | $2.09 |
| 15 Jul 2024 | $2.11 | $0.02 | 0.96% | 472,048 | $2.09 | $2.12 | $2.09 |
| 12 Jul 2024 | $2.09 | $0.04 | 1.95% | 625,814 | $2.05 | $2.10 | $2.05 |
| 11 Jul 2024 | $2.05 | $0.02 | 0.99% | 310,738 | $2.04 | $2.06 | $2.02 |
| 10 Jul 2024 | $2.03 | $0.00 | 0.00% | 359,929 | $2.03 | $2.04 | $2.02 |
| 09 Jul 2024 | $2.03 | $0.00 | 0.00% | 505,951 | $2.04 | $2.07 | $2.01 |
| 08 Jul 2024 | $2.03 | $0.02 | 1.00% | 325,796 | $2.01 | $2.04 | $2.01 |
| 05 Jul 2024 | $2.01 | $-0.01 | -0.50% | 282,909 | $2.02 | $2.03 | $2.00 |
| 04 Jul 2024 | $2.02 | $0.03 | 1.51% | 1,404,741 | $2.01 | $2.03 | $1.99 |
| 03 Jul 2024 | $1.99 | $-0.01 | -0.50% | 1,069,905 | $2.01 | $2.02 | $1.99 |
| 02 Jul 2024 | $2.00 | $-0.02 | -0.99% | 327,947 | $2.01 | $2.03 | $1.99 |
| 01 Jul 2024 | $2.02 | $0.02 | 1.00% | 244,424 | $2.00 | $2.03 | $2.00 |
| 28 Jun 2024 | $2.00 | $-0.02 | -0.99% | 481,443 | $2.02 | $2.04 | $1.99 |
| 27 Jun 2024 | $2.02 | $-0.02 | -0.98% | 425,124 | $2.05 | $2.05 | $1.99 |
| 26 Jun 2024 | $2.04 | $-0.07 | -3.32% | 600,808 | $2.10 | $2.11 | $2.03 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 30 Apr 2024 | Michael Carroll | Issued | 3,968 | $8,213 |
Dividend Reinvestment Plan (DRP).
|
| 31 Jan 2024 | Julian Widdup | Issued | 2,156 | $4,290 |
Dividend Reinvestment Plan (DRP).
|
| 31 Jan 2024 | Michael Carroll | Issued | 4,069 | $8,097 |
Dividend Reinvestment Plan (DRP). Michael Carroll - 21,193 units
Mudgegonga Pty Ltd <Carroll Family S/F> 258,933 units |
| 31 Oct 2023 | Michael Carroll | Issued | 4,089 | $7,973 |
Dividend Reinvestment Plan (DRP).
|
| 31 Oct 2023 | Julian Widdup | Issued | 2,168 | $4,227 |
Dividend Reinvestment Plan (DRP).
|
| 18 Oct 2023 | Leslie (Guy) Paynter | Buy | 300,000 | $550,560 |
On-market trade.
|
| 31 Jul 2023 | Michael Carroll | Issued | 4,560 | $7,843 |
Dividend Reinvestment Plan (DRP).
|
| 31 Jul 2023 | Julian Widdup | Issued | 2,417 | $4,157 |
Dividend Reinvestment Plan (DRP).
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Leslie (Guy) Julian Paynter | Non-Executive ChairmanNon-Executive Director | Apr 2010 |
Mr Paynter is a former director of broking firm JB Were. He brings to RFM more than 30 years of experience in corporate finance. Guy is a former member of the Australian Securities Exchange (ASX) and a former associate of the Securities Institute of Australia (now known as the Financial Services Institute of Australasia). Guy's agricultural interests include cattle breeding in the Upper Hunter region in New South Wales.
|
| Mr Michael Carroll | Non-Executive Director | Apr 2010 |
Mr Carroll is currently the Chair of Viridis Ag Pty Limited, a Director of Paraway Pastoral Company Limited and Incitec Pivot Limited. Michael also runs his own cattle business in southwest Victoria. Michael's executive experience includes establishing and leading the National Australia Bank's Agribusiness division and as a Senior Adviser in NAB's internal investment banking and corporate advisory team. Prior to that Michael worked for Monsanto Agricultural Products and a biotechnology venture capital company.
|
| Mr David Bryant | Managing Director | Feb 1997 |
Mr Bryant focuses on strategic planning, maintaining key commercial relationships and sourcing new business opportunities.
|
| Ms Andrea Joan Lemmon | Non-Executive Director | Jul 2014 |
Ms Lemmon held a variety of senior executive roles and was responsible for overseeing RFM's investment into the macadamia industry. From August 2020 until November 2022, Andrea was Chair of Marquis Macadamias Ltd, Australia's macadamia processor and a non-executive Director of Marquis Marketing, the company responsible for marketing around 25% of the global macadamia crop. Andrea's experience consists of previously serving as a non-executive director of Perth Markets Limited and Market City Operator.
|
| Mr Julian James Widdup | Non-Executive Director | Feb 2017 |
Mr Widdup is currently a director of Equip Super, Screen Canberra and the Australian Catholic University. His former board positions include the Australian Catholic Superannuation Retirement Fund, Darwin International Airport, Alice Springs Airport, NZ timberland company Taumata Plantations, Regional Livestock Exchange Company, Merredin Energy power utility, Cultural Facilities Corporation, Victorian Agribioscience Research Facility, Casey Hospital and Mater Hospital. Julian has over 20 years of experience in the financial services including as an executive director of Palisade Investment Partners, a partner of Access Capital Advisers, a consultant with Towers Perrin (now Willis Towers Watson) and previously worked in the Australian Government.
|
| Ms Emma Spear | Company Secretary | Aug 2018 |
-
|
| Emma Spear | Company Secretary |
-
|
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees (Australia) Limited | 61,700,613 | 16.03% |
| J P Morgan Nominees Australia Pty Limited | 49,432,552 | 12.84% |
| Argo Investments Limited | 20,925,883 | 5.44% |
| Rural Funds Management Limited | 13,157,659 | 3.42% |
| Citicorp Nominees Pty Limited | 12,661,377 | 3.29% |
| National Nominees Limited | 9,448,960 | 2.46% |
| BNP Paribas Nominees Pty Limited | 8,512,093 | 2.21% |
| Netwealth Investments Limited | 4,193,392 | 1.09% |
| Bryant Family Services Pty Limited | 3,768,012 | 0.98% |
| One Managed Investment Funds Limited | 2,950,722 | 0.77% |
| Buttonwood Nominees Pty Limited | 2,452,130 | 0.64% |
| BNP Paribas Nominees Pty Limited Custodial Services Limited | 2,249,952 | 0.58% |
| SCCASP Holdings Pty Limited | 1,663,073 | 0.43% |
| BNP Paribas Nominees Pty Limited i | 1,644,563 | 0.43% |
| Merrill Lynch (Australia) Nominees Pty Limited | 1,621,359 | 0.42% |
| Boskenna Pty Limited | 1,353,044 | 0.35% |
| Neweconomy.com.au Nominees Pty Limited | 1,227,281 | 0.32% |
| Bnp Paribas Nominees Pty Ltd Acf Clearstream | 1,223,870 | 0.32% |
| HSBC Custody Nominees (Australia) Limited i | 1,144,062 | 0.30% |
| Netwealth Investments Limited i | 1,135,934 | 0.30% |
