Carindale Property Trust (ASX:CDP) Declares Dividend Increase – $0.14 Per Share

Carindale Property Trust (ASX:CDP) announced a interim dividend on Tuesday, December 24th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, February 27th will be paid a dividend of 0.142 per share on Thursday, February 27th. This represents a dividend yield of 2.97%. The ex-dividend date is Sunday, December 29th. This is a positive change from Carindale Property Trust’s previous interim dividend of $0.12.

Carindale Property Trust Stock Performance

The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 42.52.

About Carindale Property Trust

Westfield Carindale is situated in an affluent quarter of Brisbane’s south-eastern suburbs approximately 12 kilometres from the CBD. The centre currently services a trade area population of nearly 700,000, and has a total accessible market of 1.4 million residents with the nearby Gateway Motorway offering convenient access to the centre.