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

Cedar Woods Properties Limited (ASX:CWP) insider William Hames acquired 28,530 shares of the firm’s stock in a transaction dated Monday, March 24th. The shares were purchased 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 purchased 9,930 shares of Cedar Woods Properties stock. The stock was 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 company has a current ratio of 2.31, a quick ratio of 0.10 and a debt-to-equity ratio of 31.37. The stock has a market cap of $438.13 million, a P/E ratio of 3.64, a price-to-earnings-growth ratio of 0.82 and a beta of 1.13.

Cedar Woods Properties Increases Dividend

The business also recently declared 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 represents a yield of 1.82%. This is a positive change from Cedar Woods Properties’s previous Interim dividend of $0.08. 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.