Feb 17 (Reuters) - Cedar Woods Properties Ltd CWP.AX :
* H1 REVENUE A$ 169 MILLION
* H1 NET PROFIT AFTER TAX ROSE 120 PERCENT TO A$ 22.4 MILLION
* FULLY FRANKED INTERIM DIVIDEND OF 13.0 CENTS PER SHARE DECLARED
* SEES FY DIVIDENDS REPRESENTING PAYOUT RATIO OF BETWEEN 60 AND 75% OF FY NPAT
* SEES FULL YEAR FY21 NPAT OF ABOUT $29 MILLION