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Cedar Woods Posts Strong Profit Growth and Dividend Hike
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Cedar Woods Posts Strong Profit Growth and Dividend Hike

Cedar Woods Properties Limited (AU:CWP) has released an update.

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Cedar Woods Properties Limited reported a 28% increase in profit after tax for the financial year ending June 2024, despite a slight decline in revenue. The company announced a substantial hike in its final dividend per share, up by 142.9%, resulting in a 25% increase in total dividends per share for the year. Additionally, the report highlighted a 6.5% rise in net tangible assets per share, signaling a robust financial position.

For further insights into AU:CWP stock, check out TipRanks’ Stock Analysis page.

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