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

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) announced a dividend on Saturday, March 22nd, investing.com reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.1077 per share on Tuesday, April 15th. This represents a dividend yield of 7.41%. The ex-dividend date is Monday, March 31st.

SmartCentres Real Estate Investment Trust Trading Up 0.5 %

Shares of CWYUF opened at $17.45 on Friday. The stock’s 50-day moving average price is $17.41 and its 200 day moving average price is $18.03. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 15.04 and a beta of 1.16. SmartCentres Real Estate Investment Trust has a 12-month low of $15.82 and a 12-month high of $20.23.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. SmartCentres Real Estate Investment Trust had a return on equity of 4.44% and a net margin of 30.60%. As a group, research analysts predict that SmartCentres Real Estate Investment Trust will post 1.52 earnings per share for the current year.

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.