Scentre Group (ASX: SCG) Share Price and News

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Scentre Group Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $16.36 billion
P/E Ratio 93.75
Dividend Yield 5.27%
Shares Outstanding 5.20 billion
Earnings per share 0.034
Dividend per share 0.17
Year To Date Return 8.14%
Earnings Yield 1.07%
Franking 15.3293413174
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as at 24 Feb 3:44pm

  • Scentre Group (ASX: SCG)
    Latest News

    ⏸️ ASX Shares

    Another sign the ASX 200 bull run is justified

    There’s another sign that the S&P/ASX 200 Index (ASX:XJO) bull run is justified. The indicator has been revealed by Scentre…

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    ASX 200 REIT shares like Scentre Group (ASX: SCG) have some top dividend yields right now, but are they actually…

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    Aussie retail numbers paint a gloomy ASX picture

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    The power imbalance between ASX retailers and property stocks are changing more quickly than many expect. This is what every…

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    The rental war between landlords and retailers has gathered pace as Premier Investments Limited (ASX: PMV) became the latest retailer…

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    Coronavirus News

    This ASX REIT just cancelled its interim dividend

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    Frequently Asked Questions

    Yes, Scentre has historically paid two unfranked or partially franked shareholder dividends a year.

    Scentre generally pays its shareholder dividends in February and August.

    No, Scentre doesn’t offer a dividend reinvestment plan at this time.

    Scentre Ltd listed on the ASX on 25 June 2014.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    15 Feb 2024 $0.0835 15.33% Final 29 Feb 2024
    17 Aug 2023 $0.0825 0.00% Interim 31 Aug 2023
    16 Feb 2023 $0.0825 0.00% Final 28 Feb 2023
    15 Aug 2022 $0.0750 0.00% Interim 31 Aug 2022
    14 Feb 2022 $0.0725 0.00% Final 28 Feb 2022
    13 Aug 2021 $0.0700 0.00% Interim 31 Aug 2021
    12 Feb 2021 $0.0700 0.00% Final 26 Feb 2021
    13 Feb 2020 $0.1130 0.00% Final 28 Feb 2020
    14 Aug 2019 $0.1130 0.00% Interim 30 Aug 2019
    13 Feb 2019 $0.1108 27.80% Final 28 Feb 2019
    14 Aug 2018 $0.1108 0.00% Interim 31 Aug 2018
    13 Feb 2018 $0.1087 21.62% Final 28 Feb 2018
    11 Aug 2017 $0.0000 0.00% Interim 31 Aug 2017
    13 Feb 2017 $0.1065 26.95% Final 28 Feb 2017
    12 Aug 2016 $0.1065 0.00% Interim 31 Aug 2016
    11 Feb 2016 $0.1045 0.00% Final 29 Feb 2016
    13 Aug 2015 $0.1045 0.00% Interim 31 Aug 2015

    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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile 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.

    SCG Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    19 Apr 2024 $3.15 $0.00 0.00% 12,011,070 $3.14 $3.16 $3.07
    18 Apr 2024 $3.15 $0.05 1.61% 11,966,002 $3.12 $3.17 $3.12
    17 Apr 2024 $3.10 $-0.02 -0.64% 10,514,862 $3.12 $3.13 $3.10
    16 Apr 2024 $3.12 $-0.04 -1.27% 17,606,616 $3.12 $3.14 $3.08
    15 Apr 2024 $3.16 $-0.04 -1.25% 13,943,763 $3.20 $3.21 $3.15
    12 Apr 2024 $3.20 $-0.04 -1.23% 11,026,104 $3.21 $3.23 $3.18
    11 Apr 2024 $3.24 $-0.10 -2.99% 10,560,628 $3.23 $3.27 $3.20
    10 Apr 2024 $3.34 $0.04 1.21% 11,019,294 $3.30 $3.34 $3.28
    09 Apr 2024 $3.30 $-0.02 -0.60% 9,219,047 $3.32 $3.33 $3.28
    08 Apr 2024 $3.32 $0.04 1.22% 8,074,513 $3.31 $3.35 $3.29
    05 Apr 2024 $3.28 $0.00 0.00% 7,787,333 $3.26 $3.33 $3.25
    04 Apr 2024 $3.28 $0.02 0.61% 11,094,508 $3.27 $3.32 $3.26
    03 Apr 2024 $3.26 $-0.12 -3.55% 16,494,885 $3.35 $3.35 $3.21
    02 Apr 2024 $3.38 $-0.01 -0.29% 8,537,088 $3.34 $3.41 $3.34
    28 Mar 2024 $3.39 $0.03 0.89% 12,808,740 $3.41 $3.42 $3.37
    27 Mar 2024 $3.36 $0.01 0.30% 4,382,653 $3.34 $3.36 $3.34
    26 Mar 2024 $3.35 $-0.04 -1.18% 13,207,151 $3.34 $3.37 $3.33
    25 Mar 2024 $3.39 $0.00 0.00% 9,904,254 $3.38 $3.41 $3.37
    22 Mar 2024 $3.39 $0.04 1.19% 8,955,989 $3.36 $3.41 $3.35
    21 Mar 2024 $3.35 $0.04 1.21% 14,396,003 $3.35 $3.37 $3.33

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    05 Mar 2024 Ilana Atlas Buy 100,000 $318,950
    On-market trade.
    15 Feb 2024 Elliott Rusanow Exercise 463,048 $1,412,296
    Conversion of securities. 20,70,687 rights
    15 Feb 2024 Elliott Rusanow Expiry 38,312 $116,851
    As advised by the company. LAPSED, 2,032,375 rIGHTS
    15 Feb 2024 Elliott Rusanow Buy 463,048 $1,412,296
    Conversion of securities.
    15 Dec 2023 Elliott Rusanow Exercise 282,887 $837,345
    Conversion of securities. 2,533,735 Rights, As per announcement on 20-12-2023
    15 Dec 2023 Elliott Rusanow Transfer 282,887 $837,345
    Conversion of securities.
    29 Jun 2023 Stephen(Steve) McCann Buy 100,000 $266,090
    On-market trade.
    19 Jun 2023 Elliott Rusanow Issued 1,248,174 $3,295,179
    Issue of securities. 2,853,367 - SCGAA
    26 May 2023 Elliott Rusanow Transfer 1,025,232 $2,798,883
    Off-market transfer.
    26 May 2023 Elliott Rusanow Transfer 1,025,232 $2,798,883
    Off-market transfer.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Michael (Mike) John Wilkins Non-Executive Director Apr 2020
    Mr Wilkins is an experienced non-executive director with more than 30 years' executive experience in financial services in Australia and Asia, including insurance and investment management. He is currently the non-executive Chair of QBE Insurance Group Limited and the non-executive Chair of Medibank Private Limited. Mr Wilkins has more than 20 years' experience as CEO for ASX 100 companies. He is the former Managing Director and CEO of Insurance Australia Group Limited (IAG), former Managing Director and CEO of Promina Group and former Managing Director of Tyndall Australia Limited.
    Ms Ilana Rachel Atlas Non-Executive Director May 2021
    Ms Atlas s currently a non-executive director of Origin Energy, and a Member of the Council of the National Gallery of Australia. Ilana is also Chair of Jawun, on the Board of the Paul Ramsay Foundation, is a Panel member of Adara Partners and a former director of ANZ Group Holdings Limited. Ilana's last executive role was Group Executive, People, at Westpac, where she was responsible for human resources, corporate affairs and sustainability.
    Mr Michael (Mike) Francis Ihlein Non-Executive Director Dec 2010
    Mr Ihlein is an experienced corporate and finance executive with career with Coca-Cola Amatil Limited (and related companies) where he was Managing Director, Poland (1995-1997) and Chief Financial Officer and Executive Director (1997-2004). Mike joined Brambles as Chief Financial Officer and Executive Director in March 2004 and held the position of Chief Executive Officer from July 2007 until his retirement in November 2009.
    Ms Sarah (Carolyn) Hailes Kay Non-Executive Director Feb 2016
    Ms kay has had more than 30 years of experience in the finance sector as an executive and non-executive director. In addition, Carolyn has been and remains a non-executive director of enterprises across a broad range of industries. She is currently a member of the Foreign Investment Review Board, Guardian of the Future Fund and a non-executive director of Myer Family Investments and Rothschild & Co Australia (where she is also a senior advisor).
    Mr Gaetano (Guy) Alfred Gerrard Russo Non-Executive Director Sep 2020
    In a corporate career spanning 42 years Mr Russo has served as CEO, Wesfarmers Department Store Division (Kmart & Target); Managing Director, Kmart Australia & NZ; President, McDonald's Greater China; CEO, McDonald's Australia Ltd and Chair of Ronald McDonald House Children's Charities. Guy is most well-known for leading the corporate turn-around of Kmart Australia creating the largest and most profitable retail department store in the country.
    Ms Catherine Michelle Brenner Non-Executive Director Mar 2022
    Ms Brenner has business experience and has held executive and non-executive roles across many sectors. Catherine is currently Chair of Australian Payments Plus (BPAY, eftpos, NPP, ConnectID) and a non-executive director of the carbon diagnostic and management business, Emmi, The George Institute for Global Health and Schools Plus. Catherine was previously non-executive Chair of AMP Limited and a non-executive director of ASX companies including Boral Limited and Coca-Cola Amatil Limited.
    Mr Stephen(Steve) Barry McCann Non-Executive Director Nov 2022
    Mr McCannis a experience business leader with over 25 years of experience. Steve was the Group Chief Executive Officer and Managing Director of Lendlease from December 2008 to May 2021. Prior to his appointment as Group Chief Executive Officer and Managing Director at Lendlease, he held the positions of Group Finance Director and Chief Executive Officer of Lendlease's Investment Management business. Following his retirement from Lendlease, Steve took on the role of CEO Crown Resorts in June 2021 to help steer the company through its regulatory challenges and negotiate the privatization and transition to ownership by Blackstone Group, which he completed in September 2022.
    Ms Margaret (Margie) Leone Seale Non-Executive Director Feb 2016
    Ms Seale has more than 25 years' experience in senior executive roles in Australia and overseas, including in the consumer goods, health and global publishing sectors, in sales and marketing, and in the successful transition of traditional business models to digital environments. Prior to her non-executive career, Ms Seale was Managing Director of Random House Australia and New Zealand and President, Asia Development for Random House globally.
    Mr Elliott Chaim Aaron Rusanow Chief Executive OfficerManaging Director Oct 2022
    Mr Rusanow has career with Westfield spans more than two decades. He joined Westfield in 1999 and had held a number of senior executive leadership roles based in Sydney, London and Los Angeles including the roles of Deputy Chief Financial Officer, Head of Corporate Finance, Director Finance United Kingdom & Europe and Director of Investor Relations & Equity Markets.
    Ms Maureen Therese McGrath Company Secretary Jun 2014
    -
    Mr Paul Giugni Company Secretary Jun 2014
    -
    Andrew Clarke Chief Financial Officer
    -
    Maureen Therese McGrath Company Secretary
    -
    Paul Giugni Company Secretary
    -
    Maria Stamoulis Director Human Resources
    -
    John Papagiannis Group Director Businesses
    -
    Lillian Fadel Group Director Customer Community and Destination
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 1,785,872,643 34.41%
    J P Morgan Nominees Australia Pty Limited 1,183,985,478 22.81%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 648,723,758 12.50%
    Citicorp Nominees Pty Limited 647,313,484 12.47%
    National Nominees Limited 179,123,139 3.45%
    BNP Paribas Noms Pty Ltd 126,839,216 2.44%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 56,614,952 1.09%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 36,490,309 0.70%
    BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd 11,068,296 0.21%
    Netwealth Investments Limited <Wrap Services A/C> 10,107,924 0.19%
    BNP Paribas Noms (NZ) Ltd 8,914,677 0.17%
    HSBC Custody Nominees (Australia) Limited GSCO ECA 7,962,683 0.15%
    HSBC Custody Nominees (Australia) Limited A/C 2 7,867,997 0.15%
    Argo Investments Limited 7,526,662 0.15%
    Citicorp Nominees Pty Limited <143212 NMMT LTD A/C> 6,324,718 0.12%
    HSBC Custody Nominees (Australia) Limited <GSCO Customers A/C> 5,927,160 0.11%
    Neweconomy Com AU Nominees Pty Limited <900 Account> 5,597,574 0.11%
    Amondi Pty Ltd <WEOPT> 5,388,133 0.10%
    Mutual Trust Pty Ltd 5,207,696 0.10%
    BNP Paribas Noms Pty Ltd <Global Markets> 5,004,486 0.10%

    Profile

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