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

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) announced a dividend on Tuesday, December 24th,investing.com reports. Shareholders of record on Wednesday, January 1st will be given a dividend of 0.1076 per share on Wednesday, January 15th. This represents a yield of 7.46%. The ex-dividend date is Tuesday, December 31st.

SmartCentres Real Estate Investment Trust Stock Up 2.3 %

CWYUF opened at $17.32 on Tuesday. SmartCentres Real Estate Investment Trust has a 12 month low of $15.82 and a 12 month high of $20.23. The company has a current ratio of 0.39, a quick ratio of 0.30 and a debt-to-equity ratio of 0.71. The business’s 50-day moving average price is $18.14 and its 200-day moving average price is $17.93. The company has a market cap of $3.09 billion, a P/E ratio of 26.24 and a beta of 1.17.

Wall Street Analyst Weigh In

Separately, TD Securities upgraded SmartCentres Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 19th.

SmartCentres Real Estate Investment Trust Company Profile

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.