SmartCentres Real Estate Investment Trust Plans Dividend of $0.11 (OTCMKTS:CWYUF)

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) announced a dividend on Saturday, June 22nd, investing.com reports. Stockholders of record on Monday, July 1st will be given a dividend of 0.1123 per share on Monday, July 15th. This represents a dividend yield of 8.46%. The ex-dividend date of this dividend is Friday, June 28th.

SmartCentres Real Estate Investment Trust Stock Performance

OTCMKTS CWYUF opened at $15.94 on Friday. The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of 9.72 and a beta of 1.14. SmartCentres Real Estate Investment Trust has a one year low of $14.98 and a one year high of $19.24. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.32 and a quick ratio of 0.32. The business’s fifty day moving average is $16.44 and its 200-day moving average is $17.33.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) last posted its earnings results on Wednesday, May 8th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $161.15 million for the quarter. SmartCentres Real Estate Investment Trust had a net margin of 40.05% and a return on equity of 5.31%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets upgraded SmartCentres Real Estate Investment Trust to a “hold” rating in a research report on Friday, May 17th.

About SmartCentres Real Estate Investment Trust

SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.