Carindale Property Trust Share Price and Company Fundamentals



Price
$4.62
Change
-0.010 (-0.216%)
52 week
4.13 - 4.86

Last traded: Today at 5:10 AM

Westfield Carindale is situated in an affluent quarter of Brisbane's south-eastern suburbs approximately 12 kilometres from the Brisbane CBD. The centre services a trade area population of approximately 690,000 with the nearby Gateway Motorway offering residents to the north and south of the centre convenient access. One of the city's leading retail and lifestyle destinations, Westfield Carindale is home to many of Australia's most well-known retailers including David Jones, Myer, Harris Scarfe, Big W, Target, Coles, Woolworths, ALDI and Apple, as well as a host of premium fashion brands. An Event Cinemas complex and a range of other retailers including approximately 400 specialty stores complete the retail offer while the adjoining Carindale Home & Leisure Centre offers bulky goods retail.

Key Metrics

PE ratio

8.45

PB ratio

0.73

Dividend yield

4.97%

Beta

1.06

Market cap

-

Enterprise value

-

Company profile

Primary activitiesOwner, manager and developer of Westfield Carindale
Industry / SectorREIT—Retail / Real Estate
Websitehttps://www.carindalepropertytrust.com.au
Mailing address85 Castlereagh Street Level 30 Sydney NSW 2000 Australia
Phone / Fax61 2 9358 7000 / 61 2 9028 8500
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Carindale Property Trust Dividend history, yield and payout ratio

Dividend yield

4.97%

Dividend amount

$0.23

Payout ratio

40.85%

5Y Avg. yield

5.64%

Carindale Property Trust paid $0.23 dividend and the ex-dividend date was 30 Dec 2021.The dividend payout ratio is 40.85%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CDP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CDP's forward dividend amount is $0.25 and the forward dividend yield is 5.40%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jan 2022, following are the company executives and directors listed on Carindale Property Trust.

NameTitleAgeTotal Pay
Mr. Peter Kenneth AllenCEO, MD & Exec. Director of Scentre Management Limited591.66M
Mr. Elliott C. A. RusanowChief Financial Officer of Scentre Group47
Mr. Andrew ClarkeDirector of Fin. & Investor Relations
Ms. Maureen Therese McGrathGen. Counsel & Compliance and Sec. of Scentre Group
Mr. Paul F. GiugniGen. Counsel & Company Sec. of Scentre Group

Profitability and management effectiveness

Profit margin

78.66%

Operating margin

61.05%

Return on assets

2.55%

Return on equity

8.67%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Carindale Property Trust is and its enterprise value is .

The CDP's stocks Beta value is 1.06 making it 6% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Carindale Property Trust (CDP)

Carindale Property Trust (ASX:CDP) Frequently Asked Questions

1. What is Carindale Property Trust's Stock Symbol?

Carindale Property Trust trades on ASX under the ticker symbol "CDP".

2. What is Carindale Property Trust's stock price today?

One share of CDP stock can currently be purchased for approximately $4.62.

3. How can I contact Carindale Property Trust?

Carindale Property Trust's mailing address is 85 Castlereagh Street Level 30 Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9358 7000.

4. What is Carindale Property Trust's official website?

The official website of Carindale Property Trust is https://www.carindalepropertytrust.com.au.

5. Which share registry manages Carindale Property Trust's stock?

Carindale Property Trust's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.