Cromwell Property Group (CMW) to Issue Interim Dividend of $0.01 on May 15th

Cromwell Property Group (ASX:CMW) announced a interim dividend on Wednesday, March 26th, MarketIndexAU Dividends reports. Investors of record on Thursday, May 15th will be given a dividend of 0.007 per share on Thursday, May 15th. This represents a dividend yield of 2%. The ex-dividend date is Thursday, March 27th.

Cromwell Property Group Price Performance

The company has a current ratio of 2.89, a quick ratio of 0.96 and a debt-to-equity ratio of 87.34. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of -7.30, a PEG ratio of -3.78 and a beta of 1.03.

Insiders Place Their Bets

In other news, insider Jonathan Callaghan acquired 311,812 shares of Cromwell Property Group stock in a transaction that occurred on Monday, March 17th. The stock was purchased at an average price of A$0.38 ($0.24) per share, for a total transaction of A$118,488.56 ($74,521.11). Insiders own 48.79% of the company’s stock.

Cromwell Property Group Company Profile

Cromwell Property Group (ASX:CMW) is a real estate investor and fund manager with operations on three continents and a global investor base. Cromwell is included in the S&P/ASX200. As at 30 June 2022, Cromwell had a market capitalisation of $2.0 billion, an Australian investment portfolio valued at $3.0 billion and total assets under management of $12.0 billion across Australia, New Zealand and Europe.