Cedar Woods Properties Limited (ASX:CWP) Insider Purchases A$148,356.00 in Stock

Cedar Woods Properties Limited (ASX:CWP) insider William Hames acquired 28,530 shares of Cedar Woods Properties stock in a transaction dated Monday, March 24th. The stock was purchased at an average cost of A$5.20 ($3.27) per share, with a total value 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 stock was purchased at an average cost of A$5.20 ($3.27) per share, with a total value of A$51,636.00 ($32,475.47).

Cedar Woods Properties Price Performance

The stock has a market cap of $438.13 million, a P/E ratio of 3.64, a PEG 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 firm also recently declared a Interim dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 29th will be issued 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 yield of 1.82%. Cedar Woods Properties’s payout ratio 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.