Vicinity Centres (ASX: VCX) Share Price and News

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Vicinity Centres Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $8.58 billion
P/E Ratio 11.70
Dividend Yield 6.03%
Shares Outstanding 4.55 billion
Earnings per share 0.163
Dividend per share 0.12
Year To Date Return -2.13%
Earnings Yield 8.55%
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as at 24 Feb 3:44pm

  • Vicinity Centres (ASX: VCX)
    Latest News

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    Earnings Results

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    Frequently Asked Questions

    Yes, Vicinity Centres has historically paid two unfranked unitholder distributions a year in March and August/September.

    No, Vicinity Centres does not currently offer a distribution reinvestment plan. 

    Vicinity Centres listed on the ASX on 5 December 2011.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    20 Feb 2023 $0.0575 0.00% Interim 07 Mar 2023
    22 Aug 2022 $0.0570 0.00% Final 12 Sep 2022
    21 Feb 2022 $0.0470 0.00% Interim 08 Mar 2022
    29 Jun 2021 $0.0660 0.00% Final 31 Aug 2021
    30 Dec 2020 $0.0340 0.00% Interim 02 Mar 2021
    30 Dec 2019 $0.0770 0.00% Interim 02 Mar 2020
    27 Jun 2019 $0.0795 0.00% Final 28 Aug 2019
    28 Dec 2018 $0.0795 0.00% Interim 04 Mar 2019
    28 Jun 2018 $0.0820 0.00% Final 29 Aug 2018
    28 Dec 2017 $0.0810 0.00% Interim 28 Feb 2018
    29 Jun 2017 $0.0000 0.00% Final 30 Aug 2017
    29 Dec 2016 $0.0870 0.00% Interim 02 Mar 2017
    29 Jun 2016 $0.0890 0.00% Final 30 Aug 2016
    29 Dec 2015 $0.0880 0.00% Interim 02 Mar 2016

    VCX 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 Vicinity Centres

    Vicinity Centres (ASX: VCX) is an Australian real estate investment trust (REIT) specialising in owning and managing shopping centres. It is currently the second-largest manager of Australian retail property. It was created after the merger of Federation Centres and Novion in 2015.

    The company has around 60 retail malls and shopping precincts under its management. It is also actively engaged in the development of mixed-use facilities incorporating offices, co-working spaces, and residential accommodations at some of its retail centres. Its directly-owned portfolio is valued at around $14.6 billion with assets under management totalling around $24 billion. 

    Vicinity’s flagstone site is the Chadstone Shopping Centre and mixed-use precinct in suburban Melbourne. It also has seven premium CBD centres across Australia’s three largest cities, as well as Australia’s leading outlet centre portfolio..

     

    VCX Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    09 Aug 2023 $1.89 $-0.01 -0.53% 11,664,156 $1.89 $1.90 $1.89
    08 Aug 2023 $1.90 $-0.03 -1.55% 26,253,985 $1.93 $1.93 $1.89
    07 Aug 2023 $1.93 $0.01 0.52% 8,356,083 $1.94 $1.95 $1.93
    04 Aug 2023 $1.92 $-0.01 -0.52% 7,799,551 $1.92 $1.94 $1.91
    03 Aug 2023 $1.93 $-0.02 -1.03% 10,155,310 $1.95 $1.95 $1.92
    02 Aug 2023 $1.95 $-0.03 -1.52% 7,026,428 $1.98 $1.98 $1.94
    01 Aug 2023 $1.98 $0.00 0.00% 3,401,255 $1.99 $2.00 $1.97
    31 Jul 2023 $1.98 $0.00 0.00% 6,963,852 $1.98 $1.99 $1.98
    28 Jul 2023 $1.98 $-0.05 -2.46% 6,624,508 $2.00 $2.01 $1.95
    27 Jul 2023 $2.03 $0.07 3.57% 9,920,095 $1.98 $2.05 $1.98
    26 Jul 2023 $1.96 $0.01 0.51% 6,699,679 $1.92 $1.97 $1.92
    25 Jul 2023 $1.95 $-0.02 -1.02% 11,546,526 $1.96 $1.97 $1.94
    24 Jul 2023 $1.97 $0.04 2.07% 10,212,820 $1.96 $1.98 $1.95
    21 Jul 2023 $1.93 $0.00 0.00% 5,822,938 $1.93 $1.93 $1.91
    20 Jul 2023 $1.93 $-0.01 -0.52% 16,858,333 $1.95 $1.96 $1.92
    19 Jul 2023 $1.94 $0.04 2.11% 8,736,814 $1.92 $1.94 $1.91
    18 Jul 2023 $1.90 $-0.03 -1.55% 6,768,681 $1.91 $1.92 $1.89
    17 Jul 2023 $1.93 $0.01 0.52% 5,688,016 $1.92 $1.93 $1.90
    14 Jul 2023 $1.92 $0.03 1.59% 11,959,511 $1.90 $1.92 $1.88
    13 Jul 2023 $1.89 $0.04 2.17% 13,358,299 $1.88 $1.89 $1.87
    12 Jul 2023 $1.85 $0.01 0.54% 9,289,700 $1.86 $1.87 $1.84
    11 Jul 2023 $1.84 $0.03 1.67% 6,329,005 $1.81 $1.84 $1.81

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    20 Feb 2023 Peter Huddle Issued 201 $402,225
    Issue of securities. 21,41,559 Rights, vwap
    28 Sep 2022 Grant Kelley Issued 297 $567,055
    Issue of securities. volume weighted average price
    14 Sep 2022 Grant Kelley Issued 84 $140,193
    Conversion of securities. volume weighted average
    price
    14 Sep 2022 Grant Kelley Exercise 84 $140,193
    Conversion of securities. 27,66,774 Rights/VWAP/As per announcement on 21-09-2022

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Trevor Gerber Non-Executive DirectorNon-Executive Chairman Jun 2015
    Mr Gerber worked for 14 years at Westfield, initially as Group Treasurer and subsequently as Director of Funds Management responsible for Westfield Trust and Westfield America Trust. He has been a professional director since 2000, and has experience in property, funds management, hotels and tourism, infrastructure and aquaculture. Mr Gerber is member of Human Resources Committee.
    Mr Timothy (Tim) Edward Douglas Hammon Non-Executive Director Dec 2011
    Mr Hammon has wealth management, property services and legal experience. Mr Hammon was previously Chief Executive Officer of Mutual Trust Pty Limited and worked for Coles Myer Ltd in a range of roles including Chief Officer, Corporate and Property Services with responsibility for property development, leasing and corporate strategy. He was also Managing Partner of various offices of Mallesons Stephen Jaques. Mr Hammon is the Chairman of the Risk and Compliance Committee and a member of the Human Resources Committee.
    Ms Janette A Kendall Non-Executive Director Dec 2017
    Ms Kendall has experience in strategic planning, digital innovation, marketing, operations and leadership across a number of industry sectors including digital and technology, marketing and communications, media, retail, fast-moving consumer goods, hospitality, gaming, property and manufacturing. Ms Kendall's executive experience, both in Australia and China, includes Senior Vice President of Marketing at Galaxy Entertainment Group, China, Executive General Manager of Marketing at Crown Resorts, General Manager and Divisional Manager roles at Pacific Brands, Executive Director at Singleton Ogilvy & Mather, CEO of emitch Limited, and Executive Director of Clemenger BBDO.
    Mr Clive Robert Appleton Non-Executive Director Sep 2018
    Mr Appleton has experience in property and funds management and property development, having worked for several of Australia's retail property investment, management and development groups. Mr Appleton's executive experience includes Chief Executive Officer of Gandel Retail Trust, senior executive roles with Jennings Group, where he was responsible for managing and developing its retail assets before a subsidiary was restructured to become Centro Properties Limited of which he became Managing Director; Managing Director of The Gandel Group Pty Limited; and Managing Director of APN Property Group. Mr Appleton was also previously a Non-executive Director of the Company and the RE from December 2011 to the time of the merger of Federation Centres and Novion Property Group in June 2015.
    Mr Michael John Hawker Non-Executive Director Nov 2022
    --
    Mr Peter Kahan Non-Executive Director Jun 2015
    Mr Kahan has had a career in property funds management, with prior roles including Executive Deputy Chairman, Chief Executive Officer and Finance Director of The Gandel Group. Mr Kahan was the Finance Director of The Gandel Group at the time of the merger between Gandel Retail Trust and Colonial First State Retail Property Trust in 2002.
    Ms Tiffany Lee Fuller Non-Executive Director Nov 2022
    --
    Ms Georgina Aileen Lynch Non-Executive Director Nov 2022
    --
    Mr Dion Werbeloff Non-Executive Director Nov 2022
    --
    Mr Peter Charles Huddle Chief Executive OfficerManaging Director Feb 2023
    Mr Huddle had a long and distinguished career at Westfield in a variety of leadership roles in Australia, Brazil, and the US. Notably, Mr Huddle had management responsibility for some of the worlds preeminent retail and mixed-use development projects including Westfield World Trade Centre in New York and Century City in Los Angeles, Mr Huddle was appointed COO of the US business. In this role, Mr Huddle led all real estate activities including Development, Design, Construction, Management, Leasing, and Asset Management. He was also a member of the URW Global Management Board.
    Ms Carolyn Reynolds Company Secretary Nov 2015
    -
    Mr Rohan Abeyewardene Company Secretary Feb 2018
    -
    Carolyn Reynolds Company Secretary
    -
    Rohan Abeyewardene Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited (i) 1,324,872,647 29.10%
    J P Morgan Nominees Australia Pty Limited 990,893,441 21.77%
    Citicorp Nominees Pty Limited (i) 456,778,809 10.03%
    Netwealth Investments Limited 400,411,521 8.80%
    BNP Paribas Nominees Pty Ltd 374,210,767 8.22%
    BNP Paribas Noms Pty Ltd (i) 170,081,306 3.74%
    National Nominees Limited 123,577,467 2.71%
    Rosslynbridge Pty Ltd 92,069,814 2.02%
    Allowater Pty Ltd 63,624,571 1.40%
    Citicorp Nominees Pty Limited (ii) 44,160,880 0.97%
    Ledburn Proprietary Limited (i) 37,195,552 0.82%
    Broadgan Proprietary Limited 36,474,902 0.80%
    Cenarth Pty Ltd 31,605,848 0.69%
    Applebrook Pty Ltd 13,219,491 0.29%
    Jadecliff Pty Ltd 13,219,491 0.29%
    Rosecreek Pty Ltd 13,219,491 0.29%
    Moondale Pty Ltd 13,219,491 0.29%
    Ledburn Proprietary Limited (ii) 10,206,076 0.22%
    BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd 9,287,479 0.20%
    Artmax Investments Limited 7,988,838 0.18%
    HSBC Custody Nominees (Australia) Limited (ii) 7,405,221 0.16%
    Pacific Custodians Pty Limited 6,180,897 0.14%
    BNP Paribas Noms Pty Ltd (ii) 5,354,731 0.12%

    Profile

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