Cedar Woods Properties Limited (CWP) to Issue Interim Dividend of $0.10 on April 29th

Cedar Woods Properties Limited (ASX:CWP) announced a interim dividend on Thursday, February 20th, MarketIndexAU Dividends reports. Shareholders of record on Tuesday, April 29th will be paid a dividend of 0.10 per share on Tuesday, April 29th. This represents a dividend yield of 1.82%. The ex-dividend date is Sunday, March 30th. This is a 25.0% increase from Cedar Woods Properties’s previous interim dividend of $0.08.

Cedar Woods Properties Price 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 firm has a market capitalization of $438.13 million, a PE ratio of 3.64, a PEG ratio of 0.82 and a beta of 1.13.

Insider Buying and Selling

In other news, insider William Hames acquired 28,530 shares of the company’s stock in a transaction that occurred on Monday, March 24th. The shares were acquired at an average price of A$5.20 ($3.27) per share, with a total value of A$148,356.00 ($93,305.66). Company insiders own 28.22% of the company’s stock.

Cedar Woods Properties Company Profile

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.