Cedar Woods Properties Limited (ASX:CWP)’s share price dropped 0.3% during mid-day trading on Thursday . The stock traded as low as A$6.54 ($4.64) and last traded at A$6.72 ($4.77), approximately 66,580 shares traded hands during trading. An increase of 9% from the average daily volume of 60,867 shares. The stock had previously closed at A$6.74 ($4.78).
The company has a market capitalization of $532.39 million and a price-to-earnings ratio of 10.96. The company has a 50-day moving average price of A$6.68 and a 200-day moving average price of A$5.96. The company has a debt-to-equity ratio of 31.61, a quick ratio of 0.40 and a current ratio of 3.16.
The firm also recently disclosed a Final dividend, which will be paid on Friday, October 25th. Stockholders of record on Friday, October 25th will be issued a dividend of $0.135 per share. This represents a dividend yield of 2.13%. The ex-dividend date is Wednesday, September 25th. Cedar Woods Properties’s dividend payout ratio (DPR) is presently 52.81%.
About Cedar Woods Properties (ASX:CWP)
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.
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