BWP Trust (ASX:BWP) Raises Dividend to $0.09 Per Share

BWP Trust (ASX:BWP) declared a final dividend on Tuesday, June 24th, MarketIndexAU Dividends reports. Investors of record on Tuesday, August 26th will be given a dividend of 0.094 per share on Tuesday, August 26th. This represents a yield of 2.63%. The ex-dividend date of this dividend is Thursday, June 26th. This is a 1.1% increase from BWP Trust’s previous final dividend of $0.09.

BWP Trust Stock Performance

The company has a quick ratio of 0.18, a current ratio of 0.53 and a debt-to-equity ratio of 28.11. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 8.64, a P/E/G ratio of 8.98 and a beta of 0.60.

About BWP Trust

Established and listed on the Australian Securities Exchange (ASX) in 1998 (see prospectus), BWP Trust (BWP or the Trust) is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited (Bunnings).