Scentre Group (ASX: SCG) Share Price and News
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Scentre Group Chart and Price Data
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as at 24 Feb 3:44pm
Scentre Group (ASX: SCG)
Latest News
Real Estate Shares
Scentre (ASX:SCG) share price struggles as trading update fails to excite investors
Dividend Investing
2 excellent ASX dividend named as buys
Share Market News
Here are the 3 heaviest traded ASX 200 shares this Wednesday so far
Real Estate Shares
Scentre (ASX:SCG) share price lifts amid Westfield Direct launch
Dividend Investing
2 buy-rated ASX dividend shares with 5% yields
Dividend Investing
Why NAB (ASX:NAB) and this ASX dividend share could be buys
Dividend Investing
2 buy-rated ASX dividend shares for income investors
Retail Shares
Don't bet on a big reopening rebound for ASX 200 retail landlords: Macquarie
Share Market News
There are the 3 most traded ASX 200 shares so far today
Real Estate Shares
Two leading ASX 200 shares tipped to outperform: analyst
Share Market News
These 3 ASX 200 shares are the most traded this Tuesday
Dividend Investing
2 ASX dividend shares analysts rate as buys
Frequently Asked Questions
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Yes, Scentre has historically paid two unfranked or partially franked shareholder dividends a year.
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Scentre generally pays its shareholder dividends in February and August.
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No, Scentre doesn’t offer a dividend reinvestment plan at this time.
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Scentre Ltd listed on the ASX on 25 June 2014.
SCG 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 Scentre Group
Scentre Group (ASX: SCG) owns and operates a portfolio of 42 Westfield shopping malls — 37 in Australia and five in New Zealand. The company owns the majority of the top 10 Australian and New Zealand's top five retail destinations, with the group's ownership interests totalling around $35 billion. Its retail assets under management are worth more than $51 billion.
The company was formed in 2014 when Westfield Group separated its American and European businesses from its operations in Australia and New Zealand.
For the year ended 31 December 2022, 99% of the group's rental income from its shopping centre portfolio came from contracted base rents. These were spread among anchor tenants, including department stores, discount stores, supermarkets, and cinemas, as well as specialty retailers and fitness and lifestyle tenants.
The company says its diversified revenue base reduces exposure to any single shopping centre or retailer. As at 31 December 2022, no anchor retailer contributed more than 3% of rental income, and no specialty retailer contributed more than 2%. Its 10 highest-valued retail shopping centres represented 57% of its portfolio value.
