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

Posted by Chris Copeland on Aug 25th, 2024

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) announced a dividend on Saturday, August 24th, investing.com reports. Shareholders of record on Monday, September 2nd will be given a dividend of 0.1125 per share on Monday, September 16th. This represents a yield of 7.47%. The ex-dividend date of this dividend is Friday, August 30th.

SmartCentres Real Estate Investment Trust Price Performance

OTCMKTS:CWYUF opened at $18.63 on Friday. SmartCentres Real Estate Investment Trust has a one year low of $14.98 and a one year high of $19.20. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.32 and a current ratio of 0.32. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 13.50 and a beta of 1.15. The firm’s fifty day moving average is $16.96 and its two-hundred day moving average is $16.91.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.52 EPS for the quarter. SmartCentres Real Estate Investment Trust had a net margin of 40.05% and a return on equity of 5.31%. The company had revenue of $166.68 million for the quarter.

Wall Street Analysts Forecast Growth

CWYUF has been the subject of a number of analyst reports. Cibc World Mkts upgraded shares of SmartCentres Real Estate Investment Trust to a “strong-buy” rating in a research report on Monday, August 12th. BMO Capital Markets upgraded shares of SmartCentres Real Estate Investment Trust to a “hold” rating in a research report on Friday, May 17th.

Get Our Latest Analysis on CWYUF

About SmartCentres Real Estate Investment Trust

(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.