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

Posted by Defense World Staff on Sep 21st, 2024

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) announced a dividend on Saturday, September 21st, investing.com reports. Shareholders of record on Tuesday, October 1st will be paid a dividend of 0.1134 per share on Tuesday, October 15th. This represents a dividend yield of 6.81%. The ex-dividend date is Monday, September 30th. This is an increase from SmartCentres Real Estate Investment Trust’s previous dividend of $0.11.

SmartCentres Real Estate Investment Trust Trading Up 0.1 %

Shares of CWYUF stock opened at $20.00 on Friday. The stock’s fifty day moving average price is $18.17 and its two-hundred day moving average price is $17.13. The company has a market cap of $3.56 billion, a PE ratio of 14.49 and a beta of 1.16. SmartCentres Real Estate Investment Trust has a fifty-two week low of $14.98 and a fifty-two week high of $20.23. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.30 and a current ratio of 0.30.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.52 EPS for the quarter. SmartCentres Real Estate Investment Trust had a return on equity of 4.67% and a net margin of 34.42%. The company had revenue of $166.68 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Cibc World Mkts upgraded SmartCentres Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, August 12th.

Get Our Latest Analysis on CWYUF

SmartCentres Real Estate Investment Trust Company Profile

(Get Free Report)

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.