Carindale Property Trust Plans Interim Dividend of $0.15 (ASX:CDP)

Carindale Property Trust (ASX:CDP) announced a interim dividend on Tuesday, December 23rd, MarketIndexAU Dividends reports. Stockholders of record on Thursday, February 26th will be given a dividend of 0.149 per share on Thursday, February 26th. This represents a dividend yield of 262.0%. The ex-dividend date is Monday, December 29th.

Carindale Property Trust Stock Performance

The firm has a market capitalization of $372.45 million, a PE ratio of 46.90, a price-to-earnings-growth ratio of 2.92 and a beta of 0.79. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 42.51.

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. One of the city’s leading retail and lifestyle destinations, Westfield Carindale is home to many of Australia’s most well-known retailers including David Jones, Myer, Big W, Target, Coles, Woolworths, ALDI and Apple, as well as a host of premium fashion brands.