Scentre Group (ASX: SCG) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
-
1 Year Return
Scentre Group Chart and Price Data
Fundamentals Data provided by Morningstar.
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
Scentre Group (ASX: SCG)
Latest News
Retail Shares
ASX retail rental war gathers pace
Coronavirus News
This ASX REIT just cancelled its interim dividend
Retail Shares
Are ASX retail shares undervalued today?
⏸️ Shares for Beginners
3 ASX shares to buy as a beginner
Share Market News
Is there long-term value in ASX REITs?
⏸️ Dividend Shares
Increase your income with $5,000 in ASX shares
⏸️ ASX Shares
Some ASX shares will never be the same again
REITs
ASX REITs: Up 40% in April, should you buy Scentre shares?
Share Gainers
These were the best performing ASX 200 shares in April
⏸️ ASX Shares
The ASX 200 just had its best month in over 30 years
REITs
The tale of 3 ASX 200 REITs in 2020
Coronavirus News
How 1 ASX retail REIT is innovating amid the coronavirus crisis
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.
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.
