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
⏸️ Investing
4 shares spruiked by one of Australia's top investment firms
⏸️ Investing
Top broker reveals 14 stocks for your SMSF
⏸️ Investing
3 dividend shares for your watch list
⏸️ Investing
Forget the Paradise Papers: These shares have record low effective tax rates
⏸️ Investing
5 shares that benefit from low interest rates
⏸️ Investing
Is Scentre Group a solid income share with its 5% dividend?
⏸️ Investing
Broker warns Westfield Corp share price to fall ahead of results
⏸️ Investing
Will Amazon destroy Australian retail?
⏸️ Investing
3 stocks for the 'know-nothing' investor
⏸️ Investing
Be wary of overpaying for Westfield Corp Ltd and Scentre Group Ltd shares
⏸️ Investing
ALL ORDINARIES finishes lower Tuesday: 6 shares you missed
⏸️ Investing
Why the Westfield Corp Ltd share price is sinking
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.
