Cedar Woods Properties Limited (ASX:CWP) Insider Purchases A$51,636.00 in Stock

Cedar Woods Properties Limited (ASX:CWP) insider William Hames purchased 9,930 shares of the stock in a transaction dated Tuesday, March 18th. The shares were bought at an average cost of A$5.20 ($3.31) per share, for a total transaction of A$51,636.00 ($32,889.17).

Cedar Woods Properties Stock Performance

The company has a debt-to-equity ratio of 31.37, a quick ratio of 0.10 and a current ratio of 2.31. The stock has a market capitalization of $438.13 million, a price-to-earnings ratio of 3.64, a PEG ratio of 0.82 and a beta of 1.13.

Cedar Woods Properties Increases Dividend

The company also recently declared a Interim dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 29th will be issued a $0.10 dividend. The ex-dividend date is Sunday, March 30th. This represents a dividend yield of 1.82%. This is a boost from Cedar Woods Properties’s previous Interim dividend of $0.08. Cedar Woods Properties’s dividend payout ratio is currently 70.83%.

About Cedar Woods Properties

Cedar Woods Properties Limited engages in property investment and development activities in Australia. It is involved in the acquisition, development, marketing, and sale of housing lots, apartments, townhouses, and commercial properties in Western Australia, South Australia, Victoria, and Queensland.