BWP Trust (ASX:BWP) Raises Dividend to $0.09 Per Share

BWP Trust (ASX:BWPGet Free Report) announced a final dividend on Wednesday, June 26th, MarketIndexAU reports. Stockholders of record on Tuesday, August 27th will be paid a dividend of 0.093 per share on Tuesday, August 27th. This represents a dividend yield of 2.58%. The ex-dividend date of this dividend is Wednesday, June 26th. This is an increase from BWP Trust’s previous final dividend of $0.09.

BWP Trust Price Performance

The company has a current ratio of 0.85, a quick ratio of 0.18 and a debt-to-equity ratio of 21.39.

Insider Buying and Selling

In related news, insider Anthony (Tony) Howarth bought 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The shares were acquired at an average price of A$3.46 ($2.30) per share, with a total value of A$103,680.00 ($69,120.00). 22.83% of the stock is currently owned by insiders.

About BWP Trust

(Get Free Report)

Established and listed on the Australian Securities Exchange (ASX) in 1998 (see prospectus), BWP Trust (BWP or the Trust) is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited (Bunnings).

See Also

Dividend History for BWP Trust (ASX:BWP)

Receive News & Ratings for BWP Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BWP Trust and related companies with MarketBeat.com's FREE daily email newsletter.