Scentre Group Reports Robust Financial Growth and Announces Dividends

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Scentre Group Reports Robust Financial Growth and Announces Dividends

The latest update is out from Scentre Group ( (AU:SCG) ).

Scentre Group has reported a significant increase in its financial performance for the year ending December 2024, with a 500.2% rise in profit after tax attributable to members, reaching $1,049.8 million. The company has also announced dividends and distributions to be paid on February 28, 2025, with a distribution reinvestment plan in place, indicating a strong financial position and commitment to shareholder returns.

More about Scentre Group

Scentre Group operates in the real estate industry, primarily focusing on retail property management and development. The company is known for its ownership and management of shopping centers across Australia and New Zealand, providing spaces that connect and enrich communities.

YTD Price Performance: 11.22%

Average Trading Volume: 8,105

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $11.96B

Learn more about SCG stock on TipRanks’ Stock Analysis page.

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