Peet Ltd (ASX: PPC) Share Price and News

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

Peet Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $679.00 million
P/E Ratio 18.28
Dividend Yield 2.99%
Shares Outstanding 468.27 million
Earnings per share 0.078
Dividend per share 0.04
Year To Date Return 15.61%
Earnings Yield 5.47%
Franking 100%
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

  • Peet Ltd (ASX: PPC)
    Latest News

    asx share price resignation represented by man kicking miniature man through the air
    Small Cap Shares

    Why are investors abandoning ASX small-cap shares in droves?

    Contrarian fund manager Allan Gray says the ASX Small Ordinaries Index is at its lowest point relative to the S&P/ASX…

    Read more »

    high share price
    52-Week Highs

    4 ASX All Ordinaries shares rocking new 52-week highs today

    These shares are making their shareholders smile on Wednesday.

    Read more »

    Rocket going up above mountains, symbolising a record high.
    52-Week Highs

    2 ASX All Ords shares defying Tuesday's slump to crack multi-year highs

    Why are these two shares bucking the market today?

    Read more »

    Three sky divers link arms in mid-air high above the earth below with a green panorama below them against a clear blue sky.
    Dividend Investing

    3 ASX All Ords shares turning ex-dividend tomorrow

    These dividends won't be up for grabs for much longer.

    Read more »

    A cool young man walking in a laneway holding a takeaway coffee in one hand and his phone in the other reacts with surprise as he reads the latest news on his mobile phone
    Earnings Results

    3 ASX All Ords shares that leapt higher on FY22 results today

    These three All Ords companies outperformed the market today.

    Read more »

    An executive in a suit smooths his hair and laughs as he looks at his laptop feeling surprised and delighted.
    Share Market News

    Why BHP, Clinuvel, Latitude, and Peet shares are pushing higher

    These ASX shares are rising today...

    Read more »

    growth charts with small cap written on a sticky note
    Dividend Investing

    2 small ASX shares with big dividend yields

    Pengana and 360 Capital REIT are 2 small ASX shares with large dividend yields.

    Read more »

    asx dividend shares represented by tree made entirely of money
    Dividend Investing

    3 small ASX shares with big dividend yields

    These ASX shares might not be large, but they have big dividend yields.

    Read more »

    falling bar graph representing house prices and asx share price
    Share Market News

    Peet (ASX:PPC) share price slips despite doubling profits

    The Peet (ASX:PPC) share price is slipping today, down 3% in afternoon trading. We take a look at the company's…

    Read more »

    asx shares for housing boom represented by row of miniature white paper houses with one red house
    ⏸️ Best ASX Shares

    1 ASX share to buy for the WA housing boom

    While Sydney has seen its rental prices crash, the WA housing boom has caused an increase in demand for properties…

    Read more »

    a woman
    ⏸️ Investing

    6 dirt cheap small caps

    They might be dirt cheap, but why is the market missing these stocks?

    Read more »

    a woman
    ⏸️ Investing

    3 overlooked and cheap companies with big dividends

    These 3 small-to-medium companies trading on cheap prices and paying big dividends are being missed by the market

    Read more »

    Frequently Asked Questions

    Yes, Peet has historically paid two fully franked shareholder dividends a year. 

    Peet generally pays its shareholder dividends in April and October. 

    Peet Limited listed on the ASX on 5 August 2004.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    10 Sep 2024 $0.0275 100.00% Final 14 Oct 2024
    21 Mar 2024 $0.0150 100.00% Interim 12 Apr 2024
    08 Sep 2023 $0.0400 100.00% Final 16 Oct 2023
    23 Mar 2023 $0.0350 100.00% Interim 13 Apr 2023
    16 Sep 2022 $0.0400 100.00% Final 14 Oct 2022
    24 Mar 2022 $0.0225 100.00% Interim 14 Apr 2022
    16 Sep 2021 $0.0250 100.00% Final 11 Oct 2021
    18 Mar 2021 $0.0100 100.00% Interim 08 Apr 2021
    23 Oct 2020 $0.0100 100.00% Final 19 Nov 2020
    19 Mar 2020 $0.0050 100.00% Interim 09 Apr 2020
    18 Sep 2019 $0.0300 100.00% Final 07 Oct 2019
    21 Mar 2019 $0.0200 100.00% Interim 09 Apr 2019
    20 Sep 2018 $0.0300 100.00% Final 05 Oct 2018
    15 Mar 2018 $0.0200 100.00% Interim 06 Apr 2018
    21 Sep 2017 $0.0000 100.00% Final 04 Oct 2017
    22 Mar 2017 $0.0175 100.00% Interim 21 Apr 2017
    29 Sep 2016 $0.0275 100.00% Final 14 Oct 2016
    23 Mar 2016 $0.0175 100.00% Interim 15 Apr 2016
    29 Sep 2014 $0.0350 0.00% Final 31 Oct 2014
    19 Sep 2011 $0.0450 100.00% Final 18 Oct 2011
    29 Mar 2011 $0.0400 100.00% Interim 20 Apr 2011
    20 Sep 2010 $0.0450 100.00% Final 15 Oct 2010
    24 Mar 2010 $0.0400 100.00% Interim 16 Apr 2010
    14 Sep 2009 $0.0400 100.00% Final 08 Oct 2009
    14 Mar 2006 $0.0750 100.00% Interim 19 Apr 2006
    05 Dec 2005 $0.0250 100.00% Final 16 Dec 2005
    19 Sep 2005 $0.0700 100.00% Final 20 Oct 2005

    PPC 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 Peet Ltd

    Peet Ltd (ASX: PPC) develops and markets master-planned residential communities as well as medium-density townhouses and apartments across Australia. The company was founded in 1895 and is among Australia's largest ASX-listed land developers.

    Peet touts its funding model as a key differentiator in its business operations. It funds its developments through a combination of company-owned projects, funds management projects, and joint ventures. Peet pioneered retail land syndication in Australia, providing opportunities for small, institutional, and wholesale investors to participate in land development projects.

    The company earns revenue from the sale of land, underwriting, capital raising, and asset identification services. Its ongoing project-related revenue comes from project management, selling fees, and performance fees. Its company-owned projects account for the majority of Peet's revenue.

    PPC Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    24 Dec 2024 $1.45 $-0.02 -1.36% 605 $1.46 $1.46 $1.45
    23 Dec 2024 $1.47 $0.05 3.52% 35,137 $1.41 $1.50 $1.41
    20 Dec 2024 $1.42 $-0.04 -2.74% 2,435 $1.46 $1.46 $1.42
    19 Dec 2024 $1.46 $-0.01 -0.68% 9,408 $1.44 $1.47 $1.43
    18 Dec 2024 $1.47 $0.01 0.69% 246,159 $1.46 $1.47 $1.45
    17 Dec 2024 $1.46 $-0.02 -1.36% 141,400 $1.48 $1.48 $1.45
    16 Dec 2024 $1.48 $-0.07 -4.53% 87,177 $1.57 $1.57 $1.48
    13 Dec 2024 $1.55 $0.03 1.99% 16,716 $1.51 $1.55 $1.49
    12 Dec 2024 $1.51 $-0.06 -3.82% 11,825 $1.58 $1.58 $1.49
    11 Dec 2024 $1.57 $0.09 6.08% 4,955 $1.51 $1.57 $1.50
    10 Dec 2024 $1.48 $-0.04 -2.63% 561,296 $1.57 $1.57 $1.48
    09 Dec 2024 $1.52 $0.04 2.70% 109,656 $1.55 $1.60 $1.52
    06 Dec 2024 $1.48 $-0.02 -1.34% 2,722,211 $1.48 $1.49 $1.48
    05 Dec 2024 $1.50 $0.00 0.00% 28,986 $1.50 $1.51 $1.48
    04 Dec 2024 $1.50 $0.00 0.00% 49,083 $1.50 $1.50 $1.49
    03 Dec 2024 $1.50 $-0.05 -3.23% 31,914 $1.54 $1.54 $1.48
    02 Dec 2024 $1.55 $0.05 3.33% 178,983 $1.50 $1.55 $1.44
    29 Nov 2024 $1.50 $0.03 2.05% 183,810 $1.44 $1.50 $1.44
    28 Nov 2024 $1.47 $0.05 3.52% 5,599,955 $1.45 $1.50 $1.44
    27 Nov 2024 $1.42 $0.04 2.90% 15,250 $1.38 $1.42 $1.38
    26 Nov 2024 $1.38 $-0.03 -2.13% 11,029,340 $1.41 $1.41 $1.37

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    29 Nov 2024 Brendan Gore Issued 968,814 $1,453,221
    Issue of securities. 5,996,144 performance rights
    22 Aug 2024 Brendan Gore Expiry 223,167 $283,422
    As advised by the company. 5,027,330 performance rights, lapsed
    07 Jun 2024 Trevor Allen Buy 2,000 $200,200
    On-market trade. unlisted, wholesale notes

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Anthony James Lennon Non-Executive Director Aug 2012
    worked in the United Kingdom, working for major international construction and development company, John Laing PLC. His time with this global company saw him gain valuable experience in property planning, marketing, feasibility analysis and project management. He is member of Risk Committee.
    Mr Gregory Joseph Wall Non-Executive Director Aug 2023
    Mr Wall has experience as a non-executive director including Automotive Holdings Group, Gold Estates (1903) Ltd and International Cooperative Alliance. He has also been Chairman of Freo Group and of Business Council of Cooperatives and Mutuals.
    Mr Brendan David Gore Chief Executive OfficerManaging Director Aug 2007
    Mr Gore appointment to the position of Managing Director and CEO followed experience in two other key executive roles within the Company. He began with Peet as Chief Financial Officer and played a key role in expanding the Company's scope of activities and growing its core residential development and land syndication businesses.
    Mr Trevor Allen Non-Executive Director Apr 2012
    Mr Allen with almost four decades of experience in the corporate and financial sectors, primarily as a corporate and financial advisor to Australian and international public and privately-owned companies. He is Chair of Risk Committee.
    Ms Michelle Patricia Tierney Non-Executive Director Aug 2023
    Ms Tierney experience within the property sector includes in disciplines such as funds management, real estate investment, property and asset management, general management, transformation, strategy development and execution and sustainability.
    Ms Margaret Renee Kennedy Non-Executive Director Aug 2023
    Ms Kennedy is an experienced non-executive director currently holding non-executive director roles on the boards of Hobart International Airport Limited, Challenger Retirement and Investment Services Limited and AMOG Holdings Pty Ltd. He is member of Risk Committee.
    Mr Dom Scafetta Company Secretary
    -
    B C Fullarton Chief Financial Officer
    -
    P J Dumas Chief Investment Officer
    -
    A K Gallagher Chief Operating Officer
    -
    Dom Scafetta Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Scorpio Nominees Pty Ltd <Gwenton A/C> 86,582,433 18.47%
    Citicorp Nominees Pty Limited 76,203,946 16.26%
    HSBC Custody Nominees (Australia) Limited 55,906,673 11.92%
    JP Morgan Nominees Australia Pty Limited 39,765,227 8.48%
    HSBC Custody Nominees (Australia) Limited A/C 2 33,481,903 7.14%
    Hurose Pty Ltd 32,749,126 6.98%
    Argo Investments Limited 18,152,705 3.87%
    Mr Warwick Donald Hemsley 17,459,881 3.72%
    Golden Years Holdings Pty Ltd <Peet Super Fund A/C> 8,656,230 1.85%
    lan Murray Charles Palmer and Helen Christina Palmer 8,567,410 1.83%
    Mr Brendan David Gore <Gore Family A/C> 6,240,842 1.33%
    Mirrabooka Investments Limited 6,179,198 1.32%
    UBS Nominees Pty Ltd 5,704,447 1.22%
    HSBC Custody Nominees (Australia) Limited GSI EDA 5,349,386 1.14%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 4,783,942 1.02%
    HSBC Custody Nominees (Australia) Limited GSCO ECA 4,475,227 0.95%
    Netwealth Investments Limited <WRAP Services A/C> 3,254,690 0.69%
    Neweconomy Com Au Nominees Pty Limited <900 Account> 2,307,821 0.49%
    Merrill Lynch (Australia) Nominees Pty Limited 2,037,200 0.43%
    BNP Paribas Nominees Pty Ltd <IB Au Noms Retail Client> 1,886,913 0.40%

    Profile

    since

    Note