Stockland Corp Ltd (ASX: SGP) Share Price and News

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Stockland Corp Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $10.34 billion
P/E Ratio 43.18
Dividend Yield 5.17%
Shares Outstanding 2.39 billion
Earnings per share 0.100
Dividend per share 0.22
Year To Date Return -2.70%
Earnings Yield 2.32%
Franking -
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as at 24 Feb 3:44pm

  • Stockland Corp Ltd (ASX: SGP)
    Latest News

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    Stockland share price falls 2% as half-year net profit halves

    The Stockland Limited (ASX: SGP) share price has fallen over 2% in early trade as the real estate investment trust…

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    Frequently Asked Questions

    Yes, Stockland has historically paid two unfranked shareholder dividends a year. 

    Stockland generally pays its shareholder dividends in February and August.

    No, Stockland announced the cancellation of its dividend/distribution reinvestment plan (DRP) in August 2018. It has not been reinstated at this time.

    Stockland listed on the ASX on 19 February 1987.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    28 Dec 2023 $0.0800 0.00% Interim 29 Feb 2024
    29 Jun 2023 $0.1440 0.00% Final 31 Aug 2023
    29 Dec 2022 $0.1180 0.00% Interim 28 Feb 2023
    29 Jun 2022 $0.1460 0.00% Final 31 Aug 2022
    30 Dec 2021 $0.1200 0.00% Interim 28 Feb 2022
    29 Jun 2021 $0.1330 0.00% Final 31 Aug 2021
    30 Dec 2020 $0.1130 0.00% Interim 26 Feb 2021
    29 Jun 2020 $0.1060 0.00% Final 31 Aug 2020
    30 Dec 2019 $0.1350 0.00% Interim 28 Feb 2020
    27 Jun 2019 $0.1410 0.00% Final 30 Aug 2019
    28 Dec 2018 $0.1350 0.00% Interim 28 Feb 2019
    28 Jun 2018 $0.1350 0.00% Final 31 Aug 2018
    29 Jun 2017 $0.0000 0.00% Final 31 Aug 2017
    29 Dec 2016 $0.1260 0.00% Interim 28 Feb 2017
    29 Jun 2016 $0.1230 0.00% Final 31 Aug 2016
    29 Dec 2015 $0.1220 0.00% Interim 29 Feb 2016
    29 Dec 2014 $0.1200 0.00% Interim 27 Feb 2015
    24 Jun 2011 $0.0833 0.00% Final 31 Aug 2011
    23 Dec 2008 $0.1193 0.84% Interim 27 Feb 2009

    SGP 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 Stockland Corp Ltd

    Stockland (ASX: SGP) is a diversified property development company. The company is one of Australia's largest residential land and housing developers. This business segment generates about a third of the group's funds from operations. Nearly two-thirds comes from commercial property, mostly retail. It also has a land-lease business although the company's business mix is evolving.

    Earnings from its residential development division can be volatile. In its commercial property segment, the group is trimming retail and adding office and industrial/logistics properties via acquisitions and developments. In 2022, Stockland divested its Retirement Living business to EQT Infrastructure. 

    Stockland-stapled securities comprise one share in the corporation that largely operates developments and one unit in a trust that holds the property portfolio.

    SGP Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    26 Apr 2024 $4.33 $-0.06 -1.37% 4,801,826 $4.31 $4.33 $4.27
    24 Apr 2024 $4.39 $-0.07 -1.57% 15,141,624 $4.49 $4.50 $4.37
    23 Apr 2024 $4.46 $0.01 0.22% 6,701,880 $4.50 $4.52 $4.44
    22 Apr 2024 $4.45 $0.07 1.60% 3,727,899 $4.45 $4.47 $4.41
    19 Apr 2024 $4.38 $-0.12 -2.67% 6,273,837 $4.43 $4.44 $4.36
    18 Apr 2024 $4.50 $0.07 1.58% 2,919,182 $4.42 $4.50 $4.42
    17 Apr 2024 $4.43 $-0.03 -0.67% 3,126,038 $4.46 $4.48 $4.43
    16 Apr 2024 $4.46 $-0.07 -1.55% 9,330,908 $4.47 $4.52 $4.45
    15 Apr 2024 $4.53 $-0.04 -0.88% 3,438,149 $4.54 $4.57 $4.50
    12 Apr 2024 $4.57 $-0.05 -1.08% 3,677,752 $4.58 $4.60 $4.54
    11 Apr 2024 $4.62 $-0.12 -2.53% 3,198,985 $4.60 $4.65 $4.58
    10 Apr 2024 $4.74 $0.06 1.28% 3,772,241 $4.71 $4.76 $4.71
    09 Apr 2024 $4.68 $-0.05 -1.06% 3,826,505 $4.74 $4.78 $4.68
    08 Apr 2024 $4.73 $0.01 0.21% 3,487,152 $4.74 $4.78 $4.71
    05 Apr 2024 $4.72 $0.00 0.00% 3,091,996 $4.69 $4.78 $4.66
    04 Apr 2024 $4.72 $0.03 0.64% 3,967,460 $4.70 $4.75 $4.68
    03 Apr 2024 $4.69 $-0.19 -3.89% 5,987,139 $4.83 $4.85 $4.69
    02 Apr 2024 $4.88 $0.03 0.62% 7,160,923 $4.77 $4.90 $4.77

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    20 Dec 2023 Tarun Gupta Issued 212,822 $862,503
    On-market trade.
    17 Oct 2023 Tarun Gupta Issued 740,248 $3,000,003
    Issue of securities. 2,195,860 performance rights
    30 Aug 2023 Tarun Gupta Cancelled 99,173 $419,501
    Cancellation of securities. Forfeited, 14,55,612 Rights
    30 Aug 2023 Tarun Gupta Exercise 206,071 $867,558
    Conversion of securities.
    30 Aug 2023 Tarun Gupta Buy 206,071 $867,558
    Conversion of securities.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Stephen Eric Newton Non-Executive Director Jun 2016
    Mr Newton has experience across real estate investment, development and management and infrastructure investment and management. Mr Newton is a Principal and Director of Arcadia Funds Management, a real estate investment management and capital advisory business and prior to this, he was the Chief Executive Officer Asia/Pacific for the real estate investment management arm of Lendlease. Mr Newton is currently a Director of BAI Communications Australia, Boldyn Networks Group, Waypoint REIT Group, Arcadia Funds Management Group Companies, Sydney Catholic Schools, and Chairman of the Finance Council for the Catholic Archdiocese of Sydney. Mr Newton is a member of the Risk Committee.
    Ms Christine Elizabeth O'Reilly Non-Executive Director Aug 2018
    Ms O'Reilly's executive career included 30 years of experience in both financial and operational entities both domestically and offshore. Following an early career in chartered accounting and investment banking, she has held several senior executive roles in diverse industries including CEO and Director of the GasNet Australia Group and Co-Head of Unlisted Infrastructure Investments at Colonial First State Global Asset Management. Ms O'Reilly is currently a Director of ANZ Limited, BHP Group Limited and Baker Heart and Diabetes Institute. Ms O'Reilly is the Chair of the Risk Committee.
    Mr Thomas (Tom) William Pockett Non-Executive DirectorNon-Executive Chairman Sep 2014
    Mr Pockett has experience in both the property and financial sectors having held several senior executive positions including Chief Financial Officer and Executive Director of Woolworths Limited, Deputy Chief Financial Officer at the Commonwealth Bank of Australia and several senior finance roles at Lendlease. He is also the Chairman of Insurance Australia Group Limited. Mr Pockett was also Chairman of the Stockland CARE Foundation Board until April 2022. Mr Pockett is a member of the People and Culture Committee.
    Mr Laurence (Laurie) Ralph Brindle Non-Executive Director Nov 2020
    Mr Brindle has experience in the acquisition, development, and management of landmark property assets. His executive career included 21 years with QIC where he served in various senior positions including a long-term member of QIC's Investment Strategy Committee and Head of Global Real Estate where he was responsible for a $9bn portfolio. Mr Brindle is currently the Chairman of Waypoint REIT. He is a former Chairman of both National Storage REIT and Shopping Centre Council of Australia and has previously been a director of Westfield Retail Trust and Scentre Group.
    Ms Melinda Blanton Conrad Non-Executive Director May 2018
    Ms Conrad has more than 25 years of expertise in consumer related industries, including as a retail entrepreneur and CEO, and roles at Colgate-Palmolive and Harvard Business School. Ms Conrad is currently a Director of ASX Limited, Ampol Limited and Penten Pty Ltd. She is also a Non-Executive Director of The Centre for Independent Studies, a member of the AICD Corporate Governance Committee and an Advisory Board Member of Five V Capital. Ms Conrad is Chair of the People and Culture Committee.
    Mr Andrew Cameron Stevens Non-Executive Director Jul 2017
    Mr Stevens executive career at Price Waterhouse, PricewaterhouseCoopers, and IBM, has provided him with experience in change management, business and ICT program design and risk evaluation, governance and delivery, and in business transformation and regional/ global expansion. Mr Stevens is Chair of Industry Innovation and Science Australia and the Chairman, Data Standards for the Consumer Data Right in Australia. Mr Stevens also serves as a Director of Ooh Media Limited. Mr Stevens is a member of the Champions of Change. Mr Stevens is the Chair of the Sustainability Committee and a member of the Risk Committee and the People and Culture Committee.
    Mr Adam Michael Tindall Non-Executive Director Jul 2021
    Mr Tindall has over 30 years of experience in investment management and real estate. Mr Tindall was the Chief Executive Officer of AMP Capital from 2015 to 2020 where he led a global team overseeing funds and separate accounts for clients across a range of asset classes including real estate, infrastructure, equities, fixed income, and multi-asset capabilities. Mr Tindall's prior roles at AMP Capital include Director and Chief Investment Officer for Property, leading a team managing a $19bn portfolio of real estate investments of behalf of domestic and international institutional investors. Prior to 2009 Mr Tindall held senior leadership roles at Macquarie Capital and Lendlease. Mr Tindall is a member of the the Sustainability Committee.
    Ms Kathryn (Kate) Mary McKenzie Non-Executive Director Dec 2019
    Ms McKenzie's executive career included over 30 years of experience in the telecommunication and government sectors in Australia, New Zealand, and Hong Kong. She was most recently the chief executive officer of Chorus, New Zealand's provider of telecommunications infrastructure. Prior to this, Ms McKenzie held several senior roles at Telstra from 2004-2016, including Chief Operating Officer, where she oversaw the group's property portfolio, and seven years in senior roles in NSW Government, including the Department of Commerce and Department of Industrial Relations. Ms McKenzie is currently the Chair of NBN Co Limited, and a director of Healius Limited and AMP Limited. Ms McKenzie is a member of Sustainability Committee.
    Mr Tarun Dinkar Gupta Chief Executive OfficerManaging Director Jun 2021
    Mr Gupta has over 25 years of experience in the property industry and has held several senior roles at a large listed Australian property company including Chief Executive Officer, Property Australia, Group Head of Investment Management, Chief Investment Officer, Asia Pacific, Fund Manager, Australian Prime Property Funds and most recently Group Chief Financial Officer.
    Ms Katherine Grace Company SecretaryGeneral Counsel Aug 2014
    -
    Louise Mason CEO Commercial Property
    -
    Andrew Whitson CEO Communities
    -
    Alison Harrop Chief Financial Officer
    -
    Sharmila Tsourdalakis Chief Innovation Marketing and Technology Officer
    -
    Justin Louis Chief Investment Officer
    -
    Karen Lonergan Chief People and Stakeholder Engagement Officer
    -
    Katherine Grace Company SecretaryGeneral Counsel
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 989,369,818 41.45%
    J P Morgan Nominees Australia Pty Limited 502,570,231 21.05%
    Citicorp Nominees Pty Limited 278,826,970 11.68%
    National Nominees Limited 89,591,508 3.75%
    BNP Paribas Noms Pty Ltd <Drp> 84,076,750 3.52%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 25,548,132 1.07%
    BNP Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 24,283,241 1.02%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 16,470,512 0.69%
    E G Holdings Pty Limited 6,411,632 0.27%
    Mutual Trust Pty Ltd 6,047,500 0.25%
    Cpu Share Plans Pty Ltd <Sgp Sti Control Account> 5,517,825 0.23%
    Ioof Investment Services Limited <Ips Superund A/C> 4,462,121 0.19%
    HSBC Custody Nominees (Australia) Limited A/C 2 4,256,998 0.18%
    Argo Investments Limited 4,017,934 0.17%
    HSBC Custody Nominees (Australia) Limited i 3,698,175 0.15%
    Netwealth Investments Limited <Wrap Services A/C> 3,694,585 0.15%
    BNP Paribas Nom (Nz) Ltd <Drp> 3,522,938 0.15%
    BNP Paribas Nominees Pty Ltd ACF Clearstream 3,419,957 0.14%
    Woodross Nominees Pty Ltd 2,984,413 0.13%
    BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> 2,710,135 0.11%

    Profile

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