William Hames Buys 28,530 Shares of Cedar Woods Properties Limited (ASX:CWP) Stock

Cedar Woods Properties Limited (ASX:CWP) insider William Hames purchased 28,530 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The stock was purchased at an average price 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 stock was acquired 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 debt-to-equity ratio of 31.37, a quick ratio of 0.10 and a current ratio of 2.31.

Cedar Woods Properties Increases Dividend

The business also recently announced 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 positive change 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 presently 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.