Cedar Woods Properties (ASX:CWP) Insider Sells A$530,857.80 in Stock

Cedar Woods Properties Limited (ASX:CWP) insider Nathan Blackburne sold 59,580 shares of Cedar Woods Properties stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of A$8.91, for a total transaction of A$530,857.80.

Nathan Blackburne also recently made the following trade(s):

• On Friday, August 29th, Nathan Blackburne purchased 30,069 shares of Cedar Woods Properties stock. The stock was acquired at an average price of A$7.49 per share, for a total transaction of A$225,216.81.
• On Friday, August 29th, Nathan Blackburne purchased 157,347 shares of Cedar Woods Properties stock. The stock was acquired at an average cost of A$7.49 per share, for a total transaction of A$1,178,529.03.

Cedar Woods Properties Stock Performance

The stock has a market cap of $438.13 million, a P/E ratio of 3.64, a P/E/G ratio of 0.82 and a beta of 1.13. The company has a quick ratio of 0.10, a current ratio of 2.31 and a debt-to-equity ratio of 31.37.

Cedar Woods Properties Increases Dividend

The business also recently announced a Final dividend, which was paid on Thursday, October 30th. Shareholders of record on Thursday, October 30th were issued a dividend of $0.19 per share. This is an increase from Cedar Woods Properties’s previous Final dividend of $0.17. This represents a yield of 251.0%. The ex-dividend date was Tuesday, September 30th. Cedar Woods Properties’s dividend payout ratio (DPR) is currently 70.83%.

About Cedar Woods Properties

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.