Abacus Group (ASX: ABG) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
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1 Year Return
Abacus Group Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$1.05 billion
P/E Ratio
3.32
Dividend Yield
6.77%
Shares Outstanding
893.66 million
Earnings per share
-0.271
Dividend per share
0.09
Year To Date Return
14.57%
Earnings Yield
30.11%
Franking
50.1176470588
Share Price
Day Change
52 Week Range
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Abacus Group (ASX: ABG)
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Frequently Asked Questions
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Yes, Abacus has historically made two unfranked security holder distributions a year in February and August.
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Yes, Abacus has a distribution reinvestment plan (DRP) allowing security holders to convert part or all of their distributions into additional securities. The status of the DRP is included in results announcements.
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Abacus Property Group listed on the ASX on 14 November 2002.
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 28 Jun 2024 | $0.0425 | 50.12% | Final | 30 Aug 2024 |
| 28 Dec 2023 | $0.0425 | 0.00% | Interim | 29 Feb 2024 |
| 30 Jun 2023 | $0.0940 | 0.00% | Final | 31 Aug 2023 |
| 29 Dec 2022 | $0.0900 | 0.00% | Interim | 28 Feb 2023 |
| 30 Jun 2022 | $0.0925 | 0.00% | Final | 31 Aug 2022 |
| 30 Dec 2021 | $0.0875 | 0.00% | Interim | 28 Feb 2022 |
| 23 Aug 2021 | $0.0050 | 0.00% | Special Cash | 30 Sep 2021 |
| 29 Jun 2021 | $0.0850 | 0.00% | Final | 31 Aug 2021 |
| 14 Jan 2021 | $0.0850 | 0.00% | Interim | 26 Feb 2021 |
| 29 Jun 2020 | $0.0905 | 0.00% | Final | 31 Aug 2020 |
| 30 Dec 2019 | $0.0945 | 0.00% | Interim | 28 Feb 2020 |
| 27 Jun 2019 | $0.0925 | 0.00% | Final | 30 Aug 2019 |
| 28 Dec 2018 | $0.0925 | 0.00% | Interim | 28 Feb 2019 |
| 28 Jun 2018 | $0.0900 | 0.00% | Final | 31 Aug 2018 |
| 17 Jan 2018 | $0.0900 | 0.00% | Interim | 28 Feb 2018 |
| 06 Jul 2017 | $0.0875 | 0.00% | Final | 31 Aug 2017 |
| 17 Jan 2017 | $0.0875 | 0.00% | Interim | 28 Feb 2017 |
| 06 Jul 2016 | $0.0850 | 0.00% | Final | 31 Aug 2016 |
| 15 Jan 2016 | $0.0850 | 0.00% | Interim | 26 Feb 2016 |
| 17 Jan 2014 | $0.0825 | 0.00% | Interim | 27 Feb 2014 |
ABG 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 Abacus Group
Abacus Property Group (ASX: ABP) is a diversified property group with interests in storage, office, and retail. Its assets are concentrated in metropolitan centres in Australia's eastern and southern states and in Auckland, New Zealand.
Under its current strategy, Abacus is aiming for a simpler and more conservative business, primarily as an owner of self-storage and office assets. It remains an active acquirer and developer of self-storage properties which make up more than half of its portfolio. The group has divested its previous interests in residential property.
Abacus is a stapled security comprising a share in each of Abacus Group Holdings and Abacus Group Projects and a unit in each of Abacus Trust and Abacus Income Trust, which can only be traded together.
ABG Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 21 Nov 2024 | $1.18 | $0.00 | 0.00% | 375,449 | $1.17 | $1.19 | $1.17 |
| 20 Nov 2024 | $1.18 | $-0.03 | -2.48% | 471,578 | $1.21 | $1.21 | $1.18 |
| 19 Nov 2024 | $1.21 | $-0.01 | -0.82% | 342,950 | $1.21 | $1.23 | $1.21 |
| 18 Nov 2024 | $1.22 | $-0.02 | -1.61% | 556,090 | $1.25 | $1.25 | $1.22 |
| 15 Nov 2024 | $1.24 | $0.02 | 1.65% | 340,306 | $1.22 | $1.25 | $1.22 |
| 14 Nov 2024 | $1.22 | $0.01 | 0.83% | 215,532 | $1.22 | $1.22 | $1.20 |
| 13 Nov 2024 | $1.21 | $-0.01 | -0.82% | 275,658 | $1.24 | $1.24 | $1.20 |
| 12 Nov 2024 | $1.22 | $0.00 | 0.00% | 335,234 | $1.22 | $1.24 | $1.21 |
| 11 Nov 2024 | $1.22 | $0.01 | 0.83% | 419,950 | $1.21 | $1.23 | $1.21 |
| 08 Nov 2024 | $1.21 | $0.03 | 2.54% | 816,625 | $1.18 | $1.22 | $1.18 |
| 07 Nov 2024 | $1.18 | $0.00 | 0.00% | 654,860 | $1.19 | $1.19 | $1.16 |
| 06 Nov 2024 | $1.18 | $0.00 | 0.00% | 597,212 | $1.23 | $1.23 | $1.17 |
| 05 Nov 2024 | $1.18 | $0.00 | 0.00% | 255,784 | $1.17 | $1.19 | $1.17 |
| 04 Nov 2024 | $1.18 | $-0.01 | -0.84% | 291,004 | $1.23 | $1.23 | $1.18 |
| 01 Nov 2024 | $1.19 | $-0.02 | -1.65% | 223,608 | $1.20 | $1.21 | $1.18 |
| 31 Oct 2024 | $1.21 | $0.01 | 0.84% | 757,722 | $1.17 | $1.22 | $1.17 |
| 30 Oct 2024 | $1.20 | $0.00 | 0.00% | 363,979 | $1.19 | $1.21 | $1.18 |
| 29 Oct 2024 | $1.20 | $-0.02 | -1.65% | 390,353 | $1.23 | $1.23 | $1.18 |
| 28 Oct 2024 | $1.22 | $-0.02 | -1.61% | 334,876 | $1.23 | $1.24 | $1.21 |
| 25 Oct 2024 | $1.24 | $0.01 | 0.81% | 576,544 | $1.23 | $1.26 | $1.22 |
| 24 Oct 2024 | $1.23 | $-0.02 | -1.61% | 884,891 | $1.24 | $1.25 | $1.23 |
| 23 Oct 2024 | $1.25 | $-0.01 | -0.79% | 562,321 | $1.25 | $1.27 | $1.24 |
| 22 Oct 2024 | $1.26 | $0.01 | 0.80% | 753,222 | $1.25 | $1.27 | $1.24 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 13 Sep 2024 | Steven Sewell | Issued | 118,808 | $155,638 |
Conversion of securities. As per announcement on 20-09-2024
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| 13 Sep 2024 | Steven Sewell | Issued | 284,993 | $373,340 |
Issue of securities. 2,636,065 Rights
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| 13 Sep 2024 | Steven Sewell | Exercise | 118,808 | $155,638 |
Conversion of securities. 2,351,072 Rights
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| 23 Aug 2024 | Steven Sewell | Expiry | 110,602 | $124,427 |
As advised by the company. Lapsed, 2,469,880 Rights
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| 23 Jul 2024 | Steven Sewell | Issued | 85,694 | $96,405 |
Issue of securities. 2,580,482 Rights
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| 24 Jun 2024 | Sally Herman | Buy | 42,050 | $49,930 |
On-market trade.
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| 06 Mar 2024 | Sally Herman | Buy | 19,292 | $22,004 |
On-market trade.
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| 06 Mar 2024 | Sally Herman | Buy | 10,608 | $12,099 |
On-market trade.
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| 29 Feb 2024 | Steven Sewell | Issued | 88,108 | $98,680 |
Issue of securities. 24,94,788 Rights
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| 06 Dec 2023 | Steven Sewell | Issued | 1,120,690 | $1,210,345 |
Issue of securities. 24,06,680 Rights
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Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Steven Craig Sewell | Managing Director | Apr 2018 |
Mr Sewell brings over 20 years of experience in real estate funds management, asset management, equity and debt capital markets and M&A transactions. Steven's prior career experience is in listed and unlisted real estate funds management businesses, across real estate sectors, providing Commercial experience and insight in relation to institutional investors, the whole Abacus Group's business and sector investment strategies, capital allocation and developing third party capital relationships. Steven is a member of Property Champions of Change and a member and past Chairman of the Shopping Centre Council of Australia.
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| Mrs Myra Salkinder | Non-Executive DirectorNon-Executive Chairman | Apr 2011 |
Mrs Salkinder is a Non Independent, Non-Executive Director and is a senior executive of the Kirsh Group. She has been integrally involved over years with the continued expansion of Kirsh Group's property and other investments, in South Africa, Australia and internationally. Myra is a director of companies associated with Kirsh Group worldwide. Myra is a member of the Sustainability and WHS Committee.
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| Ms Jingmin Qian | Non-Executive Director | Sep 2017 |
Ms Qian has expertise in the property, infrastructure and investment sectors as well as experience in Asia. Jingmin previously worked at L.E.K. Consulting, Boral Limited and Leighton Holdings, with a range of commercial responsibilities covering strategy, planning, investment review, mergers and acquisitions, operational improvement and Asia expansion. Jingmin has served as a member of the business liaison program of the Reserve Bank of Australia. Jingmin is a non-executive director of IPH Limited, a trustee of HMC Capital Partner Fund, a member of Macquarie University Council, a director of the CFA Society Australia, Jing Meridian and the National Vice President of the Australia China Business Council. Jingmin is Chair of the Sustainability and WHS Committee and a member of the Risk Committee.
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| Mr Mark Haberlin | Non-Executive Director | Nov 2018 |
Mr Haberlin has expertise in fields that cover accounting and audit, capital transactions, mergers and acquisitions and risk management in the real estate and financial services sectors. Mark was a partner at PwC for 24 years where he developed accounting and audit experience. Mark was a member of the PwC Governance Board and completed his last two years as Chair. Mark is also a Non-Executive Director of Australian Clinical Labs. Mark is Chair of the Risk Committee and a member of the People Performance Committee.
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| Mr Trent Alston | Non-Executive Director | Sep 2019 |
Mr Alston is a Non-Executive Director and has over 30 years of experience in the real estate and funds management industry, with the last 13 years as Head of Real Estate for Challenger Limited. His experience includes direct and wholesale property roles at Colonial First State Property and Lendlease. Trent is also a Non-Executive Director of Landcom. Trent is Chair of the Abacus Group People Performance Committee and a member of the Abacus Group Risk Committee.
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| Ms Belinda Ann Cleminson | Company Secretary | Oct 2022 |
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| Evan Goodridge | Chief Financial Officer |
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| Gavin Lechem | Chief Investment Officer and General Counsel |
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| Belinda Ann Cleminson | Company Secretary |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Calculator Australia Pty Limited i | 395,545,894 | 44.26% |
| J P Morgan Nominees Australia Pty Limited | 120,953,746 | 13.53% |
| HSBC Custody Nominees (Australia) Limited | 102,481,708 | 11.47% |
| Citicorp Nominees Pty Limited i | 61,732,816 | 6.91% |
| Calculator Australia Pty Limited ii | 51,192,965 | 5.73% |
| Arym Investment Holdings Pty Ltd | 14,600,000 | 1.63% |
| BNP Paribas Noms Pty Ltd | 11,200,337 | 1.25% |
| National Nominees Limited | 6,870,813 | 0.77% |
| Charter Hall Wholesale Management Limited i | 5,750,000 | 0.64% |
| BNP Paribas Nominees Pty Ltd i | 5,257,999 | 0.59% |
| BNP Paribas Nominees Pty Ltd ii | 4,064,295 | 0.45% |
| Solium Nominees (Aus) Pty Ltd | 3,876,701 | 0.43% |
| Charter Hall Wholesale Management Limited ii | 3,597,461 | 0.40% |
| Citicorp Nominees Pty Limited ii | 1,838,065 | 0.21% |
| IOOF Investment Services Limited | 1,417,835 | 0.16% |
| Netwealth Investments Limited | 1,051,734 | 0.12% |
| Quixley Finance Pty Limited | 938,439 | 0.11% |
| Charter Hall Wholesale Management Ltd | 775,000 | 0.09% |
| Mr Steven Craig Sewell | 763,108 | 0.09% |
| Akat Investments Pty Limited <Tag Family Core | 750,000 | 0.08% |
