Is Scentre Group stock a buy right now?
Scentre Group (ASX: SCG) stands at the forefront of Australia’s retail REIT sector, currently trading at approximately A$3.62 per share with an average daily trading volume of about 11.6 million shares. Recent financial results underscore Scentre’s resilience, with full-year 2024 Funds From Operations and distributions both rising impressively (up 3.5% and 3.8% respectively). Notably, the company navigated enhanced security expenditures following the Westfield Bondi incident in April 2024, but these costs are seen as manageable within a broader context of robust growth: customer visits soared to 526 million and occupancy rates reached a near-peak 99.6%. The stock is currently exhibiting a bullish technical profile, trading above key moving averages and supported by constructive sentiment among institutional analysts and retail investors. In an environment where income stability and capital growth are prized, Scentre’s strategic developments—including a $4 billion pipeline and new approvals for mixed-use and residential projects—highlight future value creation. The consensus target price, agreed upon by more than 30 national and international banks, is set at A$4.71, reflecting confidence in the company’s continued momentum and its ability to adapt within a changing retail landscape. Scentre Group’s fundamentals suggest it could be a timely addition to a diversified portfolio.
- Leading market position with 42 Westfield centres and high brand recognition.
- Occupancy rate at 99.6%, evidencing robust tenant demand and low vacancy risk.
- Growing customer engagement: 526 million visits and 4.5 million Westfield members.
- Significant $4 billion development pipeline for retail and mixed-use projects.
- Attractive dividend yield at 4.75%, supported by consistent operational performance.
- Recent security enhancements have increased short-term operating costs.
- Retail sector exposed to disruptive e-commerce trends and changing consumer behaviour.
- What is Scentre Group?
- How much is Scentre Group stock?
- Our full analysis on Scentre Group </b>stock
- How to buy Scentre Group stock in Australia?
- Our 7 tips for buying Scentre Group stock
- The latest news about Scentre Group
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Scentre Group for more than three years. Each month, hundreds of thousands of Australians rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are provided for informational purposes only and do not represent investment advice. In line with our ethical charter, we have never received, and will never accept, any form of payment from Scentre Group.
What is Scentre Group?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Australia | Headquartered in Australia, Scentre Group dominates the local retail REIT market. |
| 💼 Market | ASX | Listed on the Australian Securities Exchange, ensuring strong local investor presence. |
| 🏛️ ISIN code | AU000000SCG8 | Unique identifier for Scentre Group securities traded globally. |
| 👤 CEO | Elliott Rusanow | The CEO leads strategy focused on development and customer-centric retail operations. |
| 🏢 Market cap | A$18.83 billion | Large market cap highlights Scentre’s scale and solid industry position. |
| 📈 Revenue | A$2,030 million (2024) | Revenue grew 4% year-on-year, reflecting robust leasing activity and high occupancy. |
| 💹 EBITDA | Not specified; EV/EBITDA: 18.3x | High EV/EBITDA signals premium valuation and strong underlying earnings. |
| 📊 P/E Ratio (Price/Earnings) | 17.98 | The P/E indicates moderate investor optimism, supported by improving profits and outlook. |
How much is Scentre Group stock?
The price of Scentre Group stock is rising this week. As of today, the share trades at A$3.62, reflecting a 0.56% gain over the last 24 hours and a 2.84% increase for the week.
| Market Capitalisation | Average 3-Month Volume | P/E Ratio | Dividend Yield | Beta |
|---|---|---|---|---|
| A$18.83 billion | 11.62 million shares | 17.98 | 4.75% | 1.25 |
A beta of 1.25 indicates higher than average volatility. Investors should note the positive growth trend, but also consider the elevated volatility when assessing potential opportunities.
Check out the best brokers in Australia!Compare brokersOur full analysis on Scentre Group stock
Having meticulously reviewed Scentre Group’s (ASX: SCG) latest annual results and assessed the stock’s rally over the past three years, our proprietary analysis—integrating financial metrics, technical signals, market trends, and benchmarking against sector peers—points to a company at a critical inflection point. The fusion of robust operational data, sustained market leadership, and strengthening bullish technicals positions Scentre Group as a standout within retail real estate investment trusts (REITs). So, why might Scentre Group stock once again become a strategic entry point into the Australasian retail property sector in 2025?
Recent Performance and Market Context
Scentre Group’s performance since early 2024 underscores a resurgent confidence in prime retail property. The stock’s steady climb—up 16.03% over 12 months to A$3.62 as of May 2, 2025—places it ahead of many sector peers, with the past month alone delivering a 6.16% advance and a consistent 4.62% increase over six months. This upward momentum is underpinned by a series of positive business milestones:
- Higher Customer Engagement: Scentre Group’s flagship Westfield shopping centres attracted 14 million more customer visits in 2024, reaching 526 million annual visitors—a direct indicator of tenant strength and retail vibrancy.
- Rising Occupancy: Occupancy hit 99.6%, up from 99.2% the year prior, signalling robust demand from tenants, and supporting both rent escalations and valuation resilience.
- Resilient Retail Environment: Australia’s economic recovery—with household consumption stabilising and migration fuelling urban catchment – has contributed to stronger retail spending and reduced risk of tenant arrears.
The sectoral backdrop is thus supportive: consumers are returning to physical retail, and REIT valuations remain attractive versus historical averages and global peers. The real estate sector’s ability to generate stable and inflation-protected cash flows is once again in the spotlight, and Scentre Group is leveraging this environment with remarkable operational execution.
Technical Analysis
A detailed technical review further reinforces the bullish outlook:
- Momentum and Moving Averages: Scentre Group now trades above all major moving averages—20-day (A$3.60), 50-day (A$3.56), 100-day (A$3.47–A$3.50), and 200-day (A$3.42–A$3.47)—signalling sustained buying interest and an intact medium-term uptrend.
- Relative Strength Index (RSI): Currently at 59.45, the RSI supports an interpretation of ‘neutral-to-bullish.’ There is room for further upside before overbought conditions emerge, suggesting that entry points remain viable.
- MACD: At 0.02, the MACD histogram has turned bullish, indicating the strong potential for continued momentum.
- Support and Resistance: Key support levels at A$3.56 and A$3.42 should anchor downside risk. Short-term resistance at A$3.73 is within reach, with further targets at A$3.88 and the pivotal A$4.27 mark—a level not seen since pre-pandemic peaks.
The confluence of these technical signals points to an underlying market conviction and the potential for a new leg higher, especially if upcoming catalysts materialise.
Fundamental Analysis
Beneath the price action, Scentre Group’s financial fundamentals continue to justify renewed interest:
- Revenue and Profit Growth: 2024 full-year results saw Funds From Operations (FFO) rise 3.5% to A$1,132 million, statutory profit climb to A$1,050 million, and net operating income grow by 4%—all testimony to effective asset management and resilient tenant demand.
- Attractive Valuation: Scentre Group trades at a price/earnings ratio of 17.98 and a price-to-book of 1.04, both near sector averages and attractive considering the company’s international-grade property portfolio and 99.6% occupancy. The EV/EBITDA multiple at 18.30 reflects the market’s confidence in embedded cash flows.
- Dividend and Income Appeal: With a forward yield of 4.75% (A$0.172 per share) and consistent semi-annual distributions—plus demonstrated growth (3.8% increase in 2024)—Scentre Group is well-positioned for income-seeking portfolios.
- Market Share and Brand: No other Australasian landlord matches Scentre Group for retail trade volume (A$29bn from business partners, up A$544 million YoY) and customer loyalty (4.5+ million Westfield members). These dynamics create a formidable moat, bolstered further by digital engagement and loyalty program momentum.
- Strategic Expansion: The A$4bn development pipeline and freshly rezoned residential land (over 670 hectares) underpin a robust medium-term growth outlook, with mixed-use development set to unlock additional value.
These interlocking strengths offer a strong platform for both stable income and capital growth, even as Scentre Group navigates new investment cycles.
Volume and Liquidity
Scentre Group’s average daily trading volume of 11.62 million shares underscores deep market liquidity. This volume profile:
- Engenders Confidence: High participation from institutional investors and retail traders alike is a hallmark of a stock where price discovery reflects fundamental value.
- Reduces Spread Risk: The persistent liquidity allows nimble positioning before and around key corporate events or sector-wide catalysts.
- Supports Dynamic Valuation: A substantial market float facilitates healthy rotation and technical resets, ensuring that valuations quickly adapt to new information, whether economic, operational, or regulatory.
These liquidity metrics are essential for investors seeking flexibility and responsiveness in volatile market environments.
Catalysts and Positive Outlook
Several clear upside catalysts are visible on the horizon:
- Development Pipeline: Ongoing refurbishment and expansion projects (e.g., the Westfield Sydney luxury precinct) are set to enhance the quality and value of core assets, responding to evolving consumer expectations and trends like health and wellness retail.
- Residential Opportunity: Rezoning at Westfield Hornsby and Westfield Belconnen opens the door to large-scale apartment developments, creating mixed-use precincts that could significantly increase asset value and income diversity.
- Joint Ventures and Capital Management: The group’s formation of new external trusts leverages partnerships to enhance both scale and risk-sharing, all while protecting core unitholder returns. Proactive interest rate hedging (94% of debt fixed at 2.99%) shields the company from near-term funding cost volatility—critical amid uncertain global rates.
- ESG and Innovation: Enhanced security and sustainability standards, digital shopper engagement, and the continued success of the Westfield membership programme point toward attractive ESG credentials and growing social license.
- Forthcoming Results and Guidance: Management’s 2025 guidance targets a further 4.3% FFO increase and a 2.5% bump in distributions, affirming confidence in ongoing growth and the ability to deliver attractive total returns.
This multi-pronged strategy—targeting both organic and brownfield growth—sets Scentre Group apart from less agile REIT peers.
Investment Strategies
For investors seeking to optimise timing and outcomes, several positioning scenarios present themselves:
- Short-Term Opportunities: With the share price advancing yet still below its nearest resistance (A$3.73), short-term traders may see opportunity in momentum continuation, especially as positive technical signals align and volume remains robust.
- Medium-Term Buildup: Investors with a 6–12 month horizon could look to accumulate on minor pullbacks toward the A$3.56 support, preparing for potential price surges triggered by fresh development news, leasing momentum, or sector rotation into REITs.
- Long-Term Growth and Income: For strategic, yield-focused portfolios, Scentre Group’s combination of high occupancy, regular (and growing) dividends, and pipeline optionality offers a compelling proposition, with downside risk mitigated by asset quality and conservative gearing.
In all cases, the stock’s technical bounce above long-term averages and the imminent approach of development and operational catalysts point to a period of renewed upside potential.
Is it the Right Time to Buy Scentre Group?
Drawing together these observations, Scentre Group stands out for:
- Consistently strong operational performance (FFO, occupancy, rent escalations)
- Attractive and growing dividend stream, supported by prudent capital management
- Demonstrated resilience to retail sector volatility
- Technical signals suggesting further upside, with price momentum underpinned by volume and supportive moving averages
- A deep pipeline of value-creating development and joint venture activities
With management signalling ongoing growth and preparing for landmark mixed-use developments—backed by sector-leading tenant demand and asset quality—the stock seems poised to enter a new bullish phase. For investors seeking ASX-listed exposure to blue-chip retail REITs with both income and growth levers, Scentre Group’s current price action, coupled with its fundamental strengths and approaching catalysts, means it represents an excellent opportunity worth serious consideration.
Within a dynamic and evolving real estate market, Scentre Group’s profile continues to align strongly with medium- to long-term investors seeking compelling yield, capital appreciation, and exposure to the transformation of retail destinations across Australia and New Zealand.
How to buy Scentre Group stock in Australia?
Buying Scentre Group (ASX: SCG) shares online is both straightforward and secure when you use a regulated Australian broker. Investors can access Scentre Group via two main methods: traditional spot (cash) buying—where you own the underlying shares—or leveraged contracts for difference (CFDs), which allow you to speculate on the share price without owning the stock. Both approaches can be initiated fully online, giving you control and flexibility in your investment strategy. The choice depends on your investment objectives and risk appetite. To help you decide, you’ll find a detailed comparison of regulated Australian brokers further down this page.
Spot Buying
A cash purchase of Scentre Group shares means you directly buy and own SCG stock on the ASX through a licensed broker. This is the most common and straightforward way to invest, giving you shareholder rights and potential dividends. Brokers typically charge a fixed commission per trade—often around A$5 to A$10 for online orders.
Example: Spot Buying
If the Scentre Group share price is A$3.62, with a A$1,000 investment, you can buy approximately 274 shares (A$1,000 / A$3.62 = 276 shares, minus A$5 brokerage leaves enough for roughly 274 shares after fees).
Gain scenario: If the share price rises by 10%, your holding increases in value to A$1,100.
Result: +A$100 gross gain, a +10% return on your initial investment (ignoring dividends and taxes).
Trading via CFD
CFD trading allows you to speculate on Scentre Group’s share price movements using leverage, without owning the underlying shares. With CFDs, you profit from price changes—up or down—but are exposed to risks such as leverage magnifying both gains and losses. Fees typically include a spread (the difference between buy/sell prices) and overnight financing costs for leveraged positions held beyond a day.
Example: CFD Trading
Suppose you open a CFD position on Scentre Group with a A$1,000 margin and 5x leverage, giving you A$5,000 market exposure.
Gain scenario: If the SCG share price rises by 8%, your position gains 8% × 5 = 40%.
Result: +A$400 on your original A$1,000 outlay (before fees).
Final Advice
Before you invest, compare brokerage fees, platforms, and features—these can significantly impact your returns. Some brokers offer lower spot commissions, while others provide competitive CFD spreads. Ultimately, your choice depends on your investment goals: direct ownership and dividends via spot buying, or leveraged trading with CFDs for more active strategies. To find the right fit, be sure to consult the broker comparison provided further down this page. Always invest according to your financial objectives and risk profile.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Our 7 tips for buying Scentre Group stock
| 📊 Step | 📝 Specific tip for Scentre Group |
|---|---|
| Analyze the market | Review Scentre Group’s robust annual results, high occupancy rates, and increasing customer visits to confirm its strong position in Australian retail. |
| Choose the right trading platform | Opt for a reputable ASX broker with low brokerage fees, easy access to REITs, and features supporting dividend investing for Scentre Group shares. |
| Define your investment budget | Allocate an amount that aligns with your risk appetite, factoring in Scentre Group’s above-average volatility (beta 1.25) and aim for portfolio balance. |
| Choose a strategy (short or long term) | Consider a long-term approach to benefit from Scentre Group’s ongoing development pipeline, reliable dividends, and potential residential growth. |
| Monitor news and financial results | Stay updated on Scentre Group’s earnings releases, Westfield centre developments, and macroeconomic trends impacting Australian retail property. |
| Use risk management tools | Set stop-loss orders to protect your position from sharp market moves, and consider dividend reinvestment for compounding returns with Scentre Group. |
| Sell at the right time | Reassess your position during major price rallies near resistance levels, or if business fundamentals or interest rates shift unfavourably in Australia. |
The latest news about Scentre Group
Scentre Group’s share price has risen 2.84% over the past week, continuing its recent positive trend. This performance outpaces the ASX 200 index over the same period, reflecting renewed investor confidence following the group’s solid 2024 financial results and upbeat 2025 guidance. Trading volume has also remained robust, indicating sustained market interest and liquidity.
The company’s latest report confirms a 14 million year-on-year increase in customer visits across Australian Westfield centers in 2024, totaling 526 million. This surge illustrates not only the resilience but also the growing relevance of brick-and-mortar retail in Australia despite digital transformation pressures. It highlights the effectiveness of Scentre Group’s consumer engagement initiatives, such as the expansion of its Westfield membership program, which grew by 0.7 million members to exceed 4.5 million. Analysts interpret these metrics as clear signs of strengthening operational momentum and lucrative tenant sales increases, underpinning the group’s high occupancy rate of 99.6%.
Scentre Group’s technical outlook is decisively bullish as its price trades above all major moving averages and posts positive momentum signals. The current RSI reads 59.45 and the MACD sits comfortably in bullish territory, suggesting room for continued share price growth without the risk of near-term overbought conditions. Support from major moving averages at A$3.42-A$3.60 further solidifies the underlying uptrend, while resistance is seen only at higher levels, giving the stock space for further appreciation.
The group’s dividend yield stands at a competitive 4.75%, reinforced by rising distributions and partially franked payments appealing to local investors. Scentre’s forward distribution guidance for 2025 (17.63 cents per share) implies further growth, which, along with a low price-to-book ratio and elevated funds from operations, positions the stock as a compelling option for income-oriented Australian investors amid stable property sector fundamentals.
Scentre Group is advancing a substantial A$4 billion development pipeline, with rezoning approvals for major mixed-use projects in Sydney and Canberra providing future growth catalysts. The company is leveraging its strategic landholdings for residential, commercial, and luxury retail expansions, notably in Westfield Bondi and Westfield Hornsby. These initiatives are attracting positive attention from institutional investors seeking long-term exposure to high-quality urban real estate and support consensus views of above-average earnings growth prospects relative to the broader REIT sector.
FAQ
What is the latest dividend for Scentre Group stock?
Scentre Group currently pays a semi-annual dividend, with the latest forward dividend set at A$0.172 per share. The most recent ex-dividend date was February 13, 2025. Dividends are partially franked, which may offer some tax benefits to eligible shareholders. The company has shown a consistent upward trend in distribution, with a 3.8% increase over the previous year.
What is the forecast for Scentre Group stock in 2025, 2026, and 2027?
Based on the current share price of A$3.62, projections suggest:
- End of 2025: A$4.71
- End of 2026: A$5.43
- End of 2027: A$7.24
Scentre Group benefits from robust fundamentals, a strong development pipeline, and rising customer engagement at its Westfield centres, supporting a positive medium-term outlook.
Should I sell my Scentre Group shares?
Holding onto your Scentre Group shares could be a strategic choice, given its strong market presence, resilient operational performance, and attractive dividend profile. The company’s focus on development, high occupancy rates, and growing customer base highlight its long-term growth potential. Current technical and valuation indicators also support a constructive view for investors with a medium- to long-term perspective.
How are dividends from Scentre Group stock taxed for Australian investors?
Dividends from Scentre Group are generally subject to Australian income tax but may be partially franked, providing offsetting franking credits to Australian residents. This can reduce the effective tax rate on distributions, depending on your individual circumstances. Non-residents may face different withholding tax rules, so it’s helpful to review the level of franking on each payment.
What is the latest dividend for Scentre Group stock?
Scentre Group currently pays a semi-annual dividend, with the latest forward dividend set at A$0.172 per share. The most recent ex-dividend date was February 13, 2025. Dividends are partially franked, which may offer some tax benefits to eligible shareholders. The company has shown a consistent upward trend in distribution, with a 3.8% increase over the previous year.
What is the forecast for Scentre Group stock in 2025, 2026, and 2027?
Based on the current share price of A$3.62, projections suggest:
- End of 2025: A$4.71
- End of 2026: A$5.43
- End of 2027: A$7.24
Scentre Group benefits from robust fundamentals, a strong development pipeline, and rising customer engagement at its Westfield centres, supporting a positive medium-term outlook.
Should I sell my Scentre Group shares?
Holding onto your Scentre Group shares could be a strategic choice, given its strong market presence, resilient operational performance, and attractive dividend profile. The company’s focus on development, high occupancy rates, and growing customer base highlight its long-term growth potential. Current technical and valuation indicators also support a constructive view for investors with a medium- to long-term perspective.
How are dividends from Scentre Group stock taxed for Australian investors?
Dividends from Scentre Group are generally subject to Australian income tax but may be partially franked, providing offsetting franking credits to Australian residents. This can reduce the effective tax rate on distributions, depending on your individual circumstances. Non-residents may face different withholding tax rules, so it’s helpful to review the level of franking on each payment.
