Chartwell Retirement Residences (TSE:CSH.UN) to Issue Monthly Dividend of $0.05

Chartwell Retirement Residences (TSE:CSH.UN) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.051 per share on Tuesday, February 18th. This represents a $0.61 annualized dividend and a yield of 3.83%. The ex-dividend date is Friday, January 31st.

Chartwell Retirement Residences Stock Performance

Shares of TSE:CSH.UN opened at C$15.98 on Wednesday. The stock has a market capitalization of C$4.34 billion, a P/E ratio of -94.00 and a beta of 1.12. Chartwell Retirement Residences has a 1-year low of C$11.57 and a 1-year high of C$16.35. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20. The business has a 50-day moving average price of C$15.57 and a two-hundred day moving average price of C$15.01.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. CIBC upped their price target on Chartwell Retirement Residences from C$16.50 to C$19.00 in a research report on Monday, November 18th. TD Securities upped their price target on Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research report on Monday, November 18th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$17.08.

About Chartwell Retirement Residences

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.