Cedar Woods Properties Limited (ASX:CWP) Insider Sells A$686,482.00 in Stock

Cedar Woods Properties Limited (ASX:CWP) insider Robert Brown sold 109,000 shares of the company’s stock in a transaction on Friday, September 10th. The stock was sold at an average price of A$6.30 ($4.50), for a total value of A$686,482.00 ($490,344.29).

The company has a quick ratio of 0.19, a current ratio of 2.73 and a debt-to-equity ratio of 30.06.

The business also recently announced a Final dividend, which will be paid on Thursday, October 28th. Shareholders of record on Thursday, October 28th will be given a $0.135 dividend. The ex-dividend date is Tuesday, September 28th. This represents a yield of 2.02%. This is a positive change from Cedar Woods Properties’s previous Final dividend of $0.07. Cedar Woods Properties’s dividend payout ratio (DPR) is currently 67.00%.

About Cedar Woods Properties

Cedar Woods Properties Limited engages in property investment and development activities in Australia. It is involved in the urban land subdivision and development of residential, commercial, and retail projects in Western Australia, South Australia, Victoria, and Queensland. The company's property portfolio also includes medium and high-density apartments, townhouses, and office developments.

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