Cedar Woods Properties Limited (ASX:CWP) Insider William Hames Acquires 9,930 Shares

Cedar Woods Properties Limited (ASX:CWP) insider William Hames purchased 9,930 shares of Cedar Woods Properties stock in a transaction 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 market capitalization of $438.13 million, a price-to-earnings ratio of 3.64, a P/E/G ratio of 0.82 and a beta of 1.13. The company has a current ratio of 2.31, a quick ratio of 0.10 and a debt-to-equity ratio of 31.37.

Cedar Woods Properties Increases Dividend

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