Carindale Property Trust (ASX:CDP) to Issue $0.18 Final Dividend

Carindale Property Trust (ASX:CDP) declared a final dividend on Tuesday, June 25th, MarketIndexAU reports. Stockholders of record on Friday, August 30th will be paid a dividend of 0.181 per share on Friday, August 30th. This represents a dividend yield of 2.6%. The ex-dividend date is Thursday, June 27th.

Shares of Carindale Property Trust stock traded up A$0.05 ($0.04) on Wednesday, hitting A$6.82 ($4.84). 10,809 shares of the company were exchanged. The stock has a market cap of $477.33 million and a PE ratio of 22.81. The company has a quick ratio of 0.23, a current ratio of 0.30 and a debt-to-equity ratio of 44.01. The stock’s 50-day moving average is A$6.71. Carindale Property Trust has a 1-year low of A$6.62 ($4.70) and a 1-year high of A$8.39 ($5.95).

About Carindale Property Trust

Carindale Property Trust (ASX Code: CDP) was listed on the Australian Stock Exchange in 1996.The Trust's sole investment is a 50% interest in Westfield Carindale, one of Brisbane's largest regional shopping centre at approximately 136,609 square metres. Westfield Carindale currently generates annual sales of $896.5 million through its two department stores, two discount department stores, three supermarkets and more than 400 specialty retailers.The Trust is managed by Scentre Management Limited, a member of the Scentre Group.

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