Peet Ltd (ASX: PPC) Share Price and News

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Peet Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $660.27 million
P/E Ratio 18.40
Dividend Yield 2.97%
Shares Outstanding 468.27 million
Earnings per share 0.078
Dividend per share 0.04
Year To Date Return 16.40%
Earnings Yield 5.43%
Franking 100%
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as at 24 Feb 3:44pm

  • Peet Ltd (ASX: PPC)
    Latest News

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    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
    22 Nov 2024 $1.41 $-0.02 -1.40% 144,451 $1.45 $1.45 $1.40
    21 Nov 2024 $1.43 $0.01 0.70% 72,151 $1.42 $1.45 $1.42
    20 Nov 2024 $1.42 $0.00 0.00% 20,849 $1.42 $1.42 $1.42
    19 Nov 2024 $1.42 $0.01 0.71% 10,308 $1.39 $1.43 $1.39
    18 Nov 2024 $1.41 $0.03 2.19% 405,709 $1.38 $1.41 $1.38
    15 Nov 2024 $1.37 $0.01 0.74% 41,429 $1.40 $1.41 $1.37
    14 Nov 2024 $1.36 $0.00 0.00% 46,517 $1.37 $1.38 $1.36
    12 Nov 2024 $1.36 $-0.01 -0.73% 79,754 $1.36 $1.40 $1.36
    11 Nov 2024 $1.37 $0.01 0.73% 148,416 $1.38 $1.39 $1.36
    08 Nov 2024 $1.37 $-0.01 -0.73% 226,335 $1.38 $1.38 $1.36
    07 Nov 2024 $1.38 $0.00 0.00% 1,003,610 $1.39 $1.41 $1.38
    06 Nov 2024 $1.37 $0.01 0.73% 334,848 $1.38 $1.38 $1.37
    05 Nov 2024 $1.37 $-0.01 -0.73% 51,948 $1.39 $1.39 $1.36
    04 Nov 2024 $1.38 $-0.04 -2.82% 806,458 $1.42 $1.42 $1.38
    01 Nov 2024 $1.42 $0.05 3.66% 51,562 $1.43 $1.43 $1.40
    31 Oct 2024 $1.37 $0.01 0.74% 396,547 $1.39 $1.42 $1.37
    30 Oct 2024 $1.35 $-0.03 -2.17% 39,659 $1.37 $1.39 $1.35
    29 Oct 2024 $1.38 $0.05 3.76% 31,065 $1.33 $1.38 $1.33
    28 Oct 2024 $1.33 $0.00 0.00% 3,547 $1.32 $1.33 $1.31
    25 Oct 2024 $1.33 $0.01 0.76% 25,023 $1.32 $1.34 $1.32

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    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
    22 Dec 2023 Brendan Gore Issued 994,610 $1,203,478
    Issue of securities. 5,250,497 performance rights
    14 Dec 2023 Margaret Kennedy Buy 20,000 $24,176
    On-market trade.
    29 Nov 2023 Brendan Gore Sell 1,000,000 $1,290,000
    On-market trade.

    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