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

Cedar Woods Properties Limited (ASX:CWP) insider William Hames bought 9,930 shares of the company’s stock in a transaction that occurred on Tuesday, March 18th. The stock was bought at an average cost of A$5.20 ($3.27) per share, for a total transaction of A$51,636.00 ($32,475.47).

Cedar Woods Properties Stock Performance

The company has a quick ratio of 0.10, a current ratio of 2.31 and a debt-to-equity ratio of 31.37. 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.

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 paid a dividend of $0.10 per share. This represents a yield of 1.82%. The ex-dividend date of this dividend is Sunday, March 30th. This is an increase from Cedar Woods Properties’s previous Interim dividend of $0.08. Cedar Woods Properties’s dividend payout ratio (DPR) 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.