Cardiff Property (LON:CDFF) Reaches New 1-Year High Following Dividend Announcement

Shares of Cardiff Property Plc (LON:CDFF) reached a new 52-week high on Thursday following a dividend announcement from the company. The stock traded as high as GBX 2,450 ($31.10) and last traded at GBX 2,402 ($30.49), with a volume of 315 shares. The stock had previously closed at GBX 2,300 ($29.20).

The newly announced dividend which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a dividend of GBX 17 ($0.22) per share. This is an increase from Cardiff Property’s previous dividend of $6.50. The ex-dividend date of this dividend is Friday, January 17th. This represents a yield of 0.74%. Cardiff Property’s dividend payout ratio (DPR) is currently 2,017.54%.

Cardiff Property Stock Up 6.5 %

The company has a quick ratio of 6.39, a current ratio of 15.74 and a debt-to-equity ratio of 0.54. The company has a market cap of £25.48 million, a price-to-earnings ratio of 2,017.54 and a beta of -0.11. The stock has a fifty day moving average price of GBX 2,296.86 and a two-hundred day moving average price of GBX 2,293.82.

Cardiff Property Company Profile

The Group, including Campmoss, specialises in property investment and development in the Thames Valley. The total portfolio including the jointly controlled Campmoss investment and development portfolio, valued in excess of £22m, is primarily located to the west of London, close to Heathrow Airport and in Surrey and Berkshire.