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

Carindale Property Trust (ASX:CDP) declared a final dividend on Wednesday, June 26th, MarketIndexAU reports. Investors of record on Thursday, August 29th will be given a dividend of 0.136 per share on Thursday, August 29th. This represents a yield of 3.07%. The ex-dividend date of this dividend is Wednesday, June 26th. This is a boost from Carindale Property Trust’s previous final dividend of $0.13.

Carindale Property Trust Price Performance

The company has a quick ratio of 0.34, a current ratio of 0.42 and a debt-to-equity ratio of 44.64.

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.