Lendlease Group (ASX: LLC) Share Price and News

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Lendlease Group Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $5.69 billion
P/E Ratio 322.58
Dividend Yield 1.93%
Shares Outstanding 689.32 million
Earnings per share 0.026
Dividend per share 0.16
Year To Date Return 5.73%
Earnings Yield 0.31%
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as at 24 Feb 3:44pm

  • Lendlease Group (ASX: LLC)
    Latest News

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    Here’s why the Lendlease share price is tanking on Tuesday

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    Frequently Asked Questions

    Yes, Lendlease has historically paid two unfranked or partially franked shareholder dividends a year.

    Lendlease generally pays its shareholder dividends in March and September.

    Yes, eligible shareholders can reinvest their dividends to acquire more Lendlease securities through the company’s dividend reinvestment plan (DRP). 

    Lendlease Group listed on the ASX on 30 June 1962.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    17 Feb 2023 $0.0490 0.00% Interim 08 Mar 2023
    26 Aug 2022 $0.1100 38.91% Final 21 Sep 2022
    25 Feb 2022 $0.0500 0.00% Interim 16 Mar 2022
    20 Aug 2021 $0.1200 0.00% Final 15 Sep 2021
    26 Feb 2021 $0.1500 37.20% Interim 17 Mar 2021
    21 Aug 2020 $0.0326 0.00% Final 15 Sep 2020
    27 Feb 2020 $0.3000 0.00% Interim 17 Mar 2020
    23 Aug 2019 $0.3000 0.00% Final 16 Sep 2019
    01 Mar 2019 $0.1200 0.00% Interim 20 Mar 2019
    28 Aug 2018 $0.3500 0.00% Final 21 Sep 2018
    27 Feb 2018 $0.3400 0.00% Interim 22 Mar 2018
    01 Sep 2017 $0.0000 0.00% Final 20 Sep 2017
    02 Mar 2017 $0.3300 0.00% Interim 24 Mar 2017
    24 Aug 2016 $0.3000 0.00% Final 14 Sep 2016
    23 Feb 2016 $0.3000 0.00% Interim 15 Mar 2016
    03 Mar 2014 $0.2200 0.00% Interim 21 Mar 2014
    05 Sep 2013 $0.2000 0.00% Final 27 Sep 2013
    04 Mar 2013 $0.2200 0.00% Interim 27 Mar 2013
    06 Sep 2012 $0.1540 0.00% Final 28 Sep 2012
    05 Mar 2012 $0.1120 0.00% Interim 30 Mar 2012
    12 Sep 2011 $0.1050 0.00% Final 30 Sep 2011
    04 Mar 2011 $0.1700 58.82% Interim 30 Mar 2011
    06 Sep 2010 $0.1200 100.00% Final 24 Sep 2010
    04 Mar 2010 $0.2000 100.00% Interim 31 Mar 2010

    LLC 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 Lendlease Group

    Lendlease Group (ASX: LLC) is an international property development and construction business operating across Australia, the Americas, the UK, Europe, and Asia.

    The business comprises three segments: development, investments, and construction. The company is in the transition phase from being a development-led to an investments-led business with capital being reweighted to its investments segment.

    This strategy stems from a period where the company’s future pipeline was so large, it could not be funded from its own balance sheet. The group is selling stakes in its projects to its funds management clients as well as seeking joint venture partners. This move sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate the company’s development pipeline.

    Construction generates large revenues but slim margins. This business segment is currently being retained to preserve expertise and scale for Lendlease’s development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project which has years to run. It has also divested its retirement living business.

    LLC Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    09 Aug 2023 $8.24 $-0.06 -0.72% 2,679,270 $8.25 $8.34 $8.10
    08 Aug 2023 $8.30 $-0.08 -0.95% 3,085,813 $8.40 $8.45 $8.28
    07 Aug 2023 $8.38 $-0.03 -0.36% 1,299,783 $8.41 $8.45 $8.36
    04 Aug 2023 $8.41 $0.01 0.12% 1,430,787 $8.35 $8.46 $8.33
    03 Aug 2023 $8.40 $-0.02 -0.24% 1,176,716 $8.40 $8.43 $8.35
    02 Aug 2023 $8.42 $-0.17 -1.98% 1,222,464 $8.55 $8.55 $8.40
    01 Aug 2023 $8.59 $-0.04 -0.46% 2,795,721 $8.60 $8.67 $8.55
    31 Jul 2023 $8.63 $0.13 1.53% 1,554,214 $8.48 $8.63 $8.47
    28 Jul 2023 $8.50 $-0.06 -0.70% 1,484,705 $8.40 $8.50 $8.31
    27 Jul 2023 $8.56 $0.22 2.64% 2,453,672 $8.41 $8.62 $8.38
    26 Jul 2023 $8.34 $0.01 0.12% 1,227,390 $8.28 $8.38 $8.19
    25 Jul 2023 $8.33 $0.02 0.24% 950,679 $8.31 $8.35 $8.24
    24 Jul 2023 $8.31 $0.10 1.22% 1,631,576 $8.24 $8.39 $8.21
    21 Jul 2023 $8.21 $0.04 0.49% 1,377,681 $8.15 $8.28 $8.11
    20 Jul 2023 $8.17 $0.23 2.90% 3,654,658 $8.00 $8.24 $7.96
    19 Jul 2023 $7.94 $-0.19 -2.34% 6,357,040 $8.19 $8.20 $7.86
    18 Jul 2023 $8.13 $-0.42 -4.91% 4,010,113 $8.56 $8.58 $8.08
    17 Jul 2023 $8.55 $-0.03 -0.35% 3,196,038 $8.54 $8.69 $8.40
    14 Jul 2023 $8.58 $0.31 3.75% 3,696,369 $8.34 $8.71 $8.27
    13 Jul 2023 $8.27 $0.38 4.82% 3,359,724 $7.99 $8.35 $7.99
    12 Jul 2023 $7.89 $-0.03 -0.38% 2,774,993 $8.01 $8.05 $7.86
    11 Jul 2023 $7.92 $0.17 2.19% 2,253,548 $7.86 $7.94 $7.80

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    07 Dec 2022 Anthony (Tony) Lombardo Buy 5 $40,755
    On-market trade.
    07 Dec 2022 Anthony (Tony) Lombardo Issued 314 $2,321,019
    Issue of securities. 8,23,044 Performance Rights
    01 Dec 2022 Anthony (Tony) Lombardo Buy 10 $76,890
    On-market trade.
    25 Nov 2022 Nicola Wakefield Evans Buy 3 $28,026
    On-market trade.
    22 Nov 2022 Robert (Bob) Welanetz Buy 20 $158,794
    On-market trade.
    22 Nov 2022 Anthony (Tony) Lombardo Buy 45 $353,250
    On-market trade. As per announcement on 23-11-2022
    21 Nov 2022 Michael Ullmer Buy 50 $396,300
    On-market trade.
    21 Nov 2022 Philip Coffey Buy 30 $237,981
    On-market trade.
    21 Nov 2022 David Craig Buy 32 $261,219
    On-market trade.
    21 Nov 2022 Elizabeth Proust Buy 10 $79,200
    On-market trade.
    19 Oct 2022 Anthony (Tony) Lombardo Issued 59 $488,746
    Issue of securities. 5,08,116 Performance Rights
    AS per announcement on 26-10-2022
    23 Sep 2022 Nicholas Collishaw Buy 10 $98,910
    On-market trade.
    01 Sep 2022 Anthony (Tony) Lombardo Buy 21 $216,448
    Conversion of securities.
    01 Sep 2022 Anthony (Tony) Lombardo Expiry 55 $558,930
    As advised by the company. lapsed
    469,932 Performance Right
    01 Sep 2022 Anthony (Tony) Lombardo Exercise 21 $216,448
    Conversion of securities. 5,24,999 Performance Rights
    23 Aug 2022 Elizabeth Proust Buy 5 $52,050
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Ms Elizabeth Mary Proust Non-Executive Director Feb 2018
    Ms Proust had a career holding leadership roles in the public and private sectors for over 30 years. Ms Proust spent eight years at ANZ Group including four years as Managing Director of Esanda, Managing Director of Metrobanking and Group General Manager, Human Resources, Corporate Affairs and Management Services. Before joining ANZ, Ms Proust was Secretary (CEO) of the Department of Premier and Cabinet (Victoria) and Chief Executive of the City of Melbourne.
    Mr Nicholas Roland Collishaw Non-Executive Director Dec 2021
    Mr Collishaw is an experienced property executive and non-executive director with more than 40 years' experience gained across Development, Construction and Investments segments. Mr Collishaw serves as the joint Chief Executive Officer of Lincoln Place Pty Ltd, a boutique funds management entity focused on affordable retirement accommodation, and is Chairman of hospitality group, Redcape Hotel Group.
    Mr Michael James Ullmer Non-Executive DirectorNon-Executive Chairman Dec 2011
    Mr Ullmer has strategic, financial and management experience accumulated over his career in international banking, finance and professional services. He was the Deputy Group Chief Executive Officer of the National Australia Bank (NAB) from 2007 until he retired from the Bank in August 2011.
    Mr Philip Mathew Coffey Non-Executive Director Jan 2017
    Mr Coffey served as the Deputy Chief Executive Officer (CEO) of Westpac Banking Corporation from April 2014 until his retirement in May 2017. As the Deputy CEO, Mr Coffey had the responsibility of overseeing and supporting relationships with key stakeholders of Westpac including industry groups, regulators, customers and government.
    Mr David Paul Craig Non-Executive Director Mar 2016
    Mr Craig is a business leader with a international career spanning over 40 years in finance, accounting, audit, risk management, strategy and mergers and acquisitions in the banking, property and professional services industries. He was the Chief Financial Officer (CFO) of Commonwealth Bank of Australia from 2006 through the GFC, until he retired in June 2017.
    Mr Anthony (Tony) Peter Lombardo Chief Executive OfficerManaging Director Jun 2021
    Mr Lombardo has more than 25 years' experience working across real estate development, investment management, finance, mergers and acquisitions (M&A) and strategy in Australia and internationally. In 2016, Tony was appointed Chief Executive Officer Asia based in Singapore.
    Ms Nicola Wakefield Evans Non-Executive Director Sep 2013
    Ms Evans is an experienced business leader and Non Executive Director with broad ranging commercial, business management, strategy and legal experience gained over a 30 year international career. She has experience in the financial services, resources and energy and infrastructure sectors.
    Mr Robert (Bob) Welanetz Non-Executive Director Mar 2020
    Mr Welanetz has executive, advisory, strategic and operational experience in the property and construction sectors gained over an international career spanning over 40 years. Mr Welanetz served as Chief Executive Officer in the property division of Majid Al Futtaim (MAF), based in Dubai. Mr Welanetz also served as Chief Executive Officer of Shanghai Kinghill Ltd, based in China, with responsibility for the operations and delivery of retail and development projects in mainland China. Prior to this, Mr Welanetz was President and Chief Executive Officer, Retail, at Jones Lang LaSalle Inc Americas.
    Ms Ann Soo(Margaret) Chan Non-Executive Director Dec 2022
    Ms Lui is currently the Chief Executive Officer and Executive Director of Azalea Asset Management, which she helped to found in 2015. At Azalea, Ms Lui leads an experienced team of investment managers,. Ms Lui was previously a member of the investment team at Temasek Holdings and involved in direct investments across a variety of sectors including transportation, industrial, real estate investments, and major redevelopment projects in Asia. She has a record in restructuring, transforming and creating new Temasek businesses and led the startup of several business joint ventures including Tiger Airways and Jetstar Asia, and the creation of Cityspring Infrastructure, the first infrastructure business trust listed on the Singapore Exchange. As a senior executive at Temasek, she was a director of numerous subsidiaries and JV entities and listed companies including Sembcorp Industries, a leading energy and urban development company. Ms Lui currently chairs the Marine Services Supervisory Committee of PSA International. She also serves on the Board of Trustees and the Investment and Finance Committees of the Singapore Institute of Technology.
    Ms Wendy Won-Yi Lee Company Secretary
    -
    Ms Karen Pedersen Company SecretaryGeneral Counsel
    -
    Denis Hickey CEO Americas and Global Chief Operating Officer
    -
    Justin Gabbani CEO Asia
    -
    Dale Connor CEO Australia
    -
    Neil Martin CEO Europe
    -
    Wendy Won-Yi Lee Company Secretary
    -
    Karen Pedersen Company SecretaryGeneral Counsel
    -
    Simon Dixon Group Chief Financial Officer
    -
    Frank Krile Group Chief Risk Officer
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 257,386,390 37.36%
    J P Morgan Nominees Australia Pty Limited 86,436,235 12.55%
    Citicorp Nominees Pty Limited 74,288,074 10.78%
    BNP Paribas Nominees Pty Ltd <DRP> 30,670,308 4.45%
    National Nominees Limited 29,838,300 4.33%
    LL Employee Holdings Custodian Pty Limited <Castle Account A/C> 14,075,522 2.04%
    Argo Investments Limited 6,980,092 1.01%
    LL Employee Holdings Custodian Pty Limited <ESAP STI A/C> 6,026,948 0.87%
    BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <DRP A/C> 4,323,740 0.63%
    HSBC Custody Nominees (Australia) Limited <NT Comnwlth Super Corp A/C> 3,776,830 0.55%
    Netwealth Investments Limited <Wrap Services A/C> 3,013,060 0.44%
    Custodial Services Limited <Beneficiaries Holding A/C> 2,138,498 0.31%
    Mutual Trust Pty Ltd 2,039,681 0.30%
    BNP Paribas Nominees Pty Ltd Acf Clearstream 1,955,184 0.28%
    Citicorp Nominees Pty Limited <Colonial First State INV A/C> 1,833,047 0.27%
    BNP Paribas Nominees Pty Ltd <Agency Lending DRP A/C> 1,544,676 0.22%
    Colonial First State INV Ltd <Encircle IMA A/C> 1,243,585 0.18%
    Netwealth Investments Limited <Super Services A/C> 1,085,415 0.16%
    Colonial First State INV Ltd <Encircle Super A/C> 1,012,254 0.15%
    Australian Executor Trustees Limited <IPS IOOF Employer Super A/C> 978,038 0.14%

    Profile

    since

    Note