Vicinity Centres [ASX:VCX] share price and news 2022

Company Description

Vicinity Centres (VCX, formerly Federation Centres) is a vertically integrated Australian Real Estate Trust. Vicinity has a stapled structure, with each stapled security comprising one share in a company (Vicinity Limited) and one unit in a trust (Vicinity Centres Trust). The Group has a Direct Portfolio with interests in 63 shopping centres (including the DFO Brisbane business) and manages 31 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group.

Vicinity Centres belongs to Real Estate sector and under industry of Retail REITs. You can get more information about this company via their website:

This is a mid cap company with market cap of 7579 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is greater than both sector and market.

Earnings PE PB PE growth
Company 0.87 50.7 0.71 0.28
Market 0.85 22.3 1.99 0.84
Sector 0.68 19 1.01 1.08

Dividend Growth Chart

The following chart shows you how vcx dividend grows in the recent years.Vicinity Centres has dividend yield of 2.07%