Insider Buying: Cedar Woods Properties Limited (ASX:CWP) Insider Purchases 28,530 Shares of Stock

Cedar Woods Properties Limited (ASX:CWP) insider William Hames purchased 28,530 shares of Cedar Woods Properties stock in a transaction dated Monday, March 24th. The shares were acquired at an average cost of A$5.20 ($3.27) per share, for a total transaction of A$148,356.00 ($93,305.66).

William Hames also recently made the following trade(s):

• On Tuesday, March 18th, William Hames bought 9,930 shares of Cedar Woods Properties stock. The shares were acquired at an average price 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 stock 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 business also recently disclosed a Interim dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 29th will be paid a $0.10 dividend. This represents a dividend yield of 1.82%. The ex-dividend date of this dividend is Sunday, March 30th. This is a boost from Cedar Woods Properties’s previous Interim dividend of $0.08. Cedar Woods Properties’s dividend payout ratio (DPR) is presently 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.