Insider Buying: Cedar Woods Properties Limited (ASX:CWP) Insider Acquires 9,930 Shares of Stock

Cedar Woods Properties Limited (ASX:CWP) insider William Hames acquired 9,930 shares of the company’s stock in a transaction that occurred on Tuesday, March 18th. The shares were bought at an average price of A$5.20 ($3.31) per share, with a total value of A$51,636.00 ($32,889.17).

Cedar Woods Properties Price Performance

The company has a market capitalization of $438.13 million, a P/E 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 business also recently announced a Interim dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 29th will be given a $0.10 dividend. The ex-dividend date is Sunday, March 30th. This is a boost from Cedar Woods Properties’s previous Interim dividend of $0.08. This represents a dividend yield of 1.82%. Cedar Woods Properties’s dividend payout ratio (DPR) is currently 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.