William Hames Purchases 9,930 Shares of Cedar Woods Properties Limited (ASX:CWP) 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 acquired at an average price of A$5.20 ($3.27) per share, with a total value of A$51,636.00 ($32,475.47).

Cedar Woods Properties Stock Performance

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

Cedar Woods Properties Increases Dividend

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

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.