Cromwell Property Group to Issue Interim Dividend of $0.01 (ASX:CMW)

Cromwell Property Group (ASX:CMW) announced a interim dividend on Wednesday, March 26th, MarketIndexAU Dividends reports. Stockholders of record on Thursday, May 15th will be given a dividend of 0.007 per share on Thursday, May 15th. This represents a dividend yield of 2%. The ex-dividend date is Thursday, March 27th.

Cromwell Property Group Price Performance

The firm has a market cap of $1.10 billion, a PE ratio of -7.30, a PEG ratio of -3.78 and a beta of 1.03. The company has a debt-to-equity ratio of 87.34, a quick ratio of 0.96 and a current ratio of 2.89.

Insider Activity at Cromwell Property Group

In related news, insider Gary Weiss purchased 150,000 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The stock was acquired at an average price of A$0.40 ($0.25) per share, with a total value of A$60,000.00 ($37,735.85). Also, insider Jonathan Callaghan acquired 311,812 shares of Cromwell Property Group stock in a transaction on Monday, March 17th. The shares were purchased at an average price of A$0.38 ($0.24) per share, for a total transaction of A$118,488.56 ($74,521.11). 48.79% of the stock is currently owned by corporate insiders.

About Cromwell Property Group

Cromwell Property Group (ASX:CMW) is a real estate investor and fund manager with operations on three continents and a global investor base. Cromwell is included in the S&P/ASX200. As at 30 June 2022, Cromwell had a market capitalisation of $2.0 billion, an Australian investment portfolio valued at $3.0 billion and total assets under management of $12.0 billion across Australia, New Zealand and Europe.