Cedar Woods Properties Limited (ASX:CWP) Announces $0.07 Final Dividend

Cedar Woods Properties Limited (ASX:CWP) announced a final dividend on Friday, August 28th, MarketIndexAU reports. Stockholders of record on Friday, October 30th will be given a dividend of 0.065 per share on Friday, October 30th. This represents a dividend yield of 1.25%. The ex-dividend date is Wednesday, September 30th.

The company has a quick ratio of 0.22, a current ratio of 2.76 and a debt-to-equity ratio of 39.02. The firm’s 50 day moving average is A$4.49 and its 200-day moving average is A$5.73.

In other news, insider Nathan Blackburne 11,050 shares of Cedar Woods Properties stock in a transaction that occurred on Thursday, August 27th.

About Cedar Woods Properties

Cedar Woods Properties Limited engages in property investment and development activities in Australia. The company is involved in the urban land subdivision and development of residential, commercial, and retail projects in Western Australia, Victoria, Queensland, and South Australia. It offers small affordable housing lots at its residential estates and luxury apartments at boutique waterfront developments.

Further Reading: Why Invest in High-Yield Dividend Stocks?

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