Carindale Property Trust [ASX:CDP] share price and news 2022

Company Description

Carindale Property Trust (CDP) is a development property trust whose sole investment is a 50% interest in Westfield Carindale, a chain of regional shopping centres based in Brisbane.

Carindale Property Trust belongs to Real Estate sector and under industry of Retail REITs. You can get more information about this company via their website: http://www.carindalepropertytrust.com.au.

This a small cap company with market cap of 309 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.5 14.5 0.7 0
Market 1.03 20.6 1.71 1.15
Sector 0.68 19 1.01 1.08

Dividend Growth Chart

The following chart shows you how cdp dividend grows in the recent years.Carindale Property Trust has dividend yield of 2.67%