Cedar Woods Properties Limited (ASX:CWP) Increases Dividend to $0.15 Per Share

Cedar Woods Properties Limited (ASX:CWPGet Rating) announced a final dividend on Thursday, September 22nd, MarketIndexAU reports. Investors of record on Thursday, October 27th will be given a dividend of 0.145 per share on Thursday, October 27th. This represents a dividend yield of 3.42%. The ex-dividend date of this dividend is Tuesday, September 27th. This is a boost from Cedar Woods Properties’s previous final dividend of $0.14.

Cedar Woods Properties Stock Performance

The company has a debt-to-equity ratio of 48.15, a current ratio of 1.47 and a quick ratio of 0.10.

Insider Activity at Cedar Woods Properties

In other news, insider Nathan Blackburne bought 32,182 shares of the company’s stock in a transaction on Friday, August 26th. The shares were acquired at an average cost of A$4.55 ($3.18) per share, with a total value of A$146,428.10 ($102,397.27).

Cedar Woods Properties Company Profile

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Cedar Woods Properties Limited engages in property investment and development activities in Australia. It is involved in the urban land subdivision and development of residential, commercial, and retail projects in Western Australia, South Australia, Victoria, and Queensland. The company's property portfolio also includes medium and high-density apartments, offices, and townhouses.

Further Reading

Dividend History for Cedar Woods Properties (ASX:CWP)

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