Plaza Retail REIT (TSE:PLZ.UN) Director Susan Taves Purchases 18,370 Shares

Plaza Retail REIT (TSE:PLZ.UN) Director Susan Taves bought 18,370 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was purchased at an average cost of C$3.80 per share, with a total value of C$69,806.00.

Susan Taves also recently made the following trade(s):

• On Wednesday, March 5th, Susan Taves bought 1,130 shares of Plaza Retail REIT stock. The stock was purchased at an average cost of C$3.62 per share, with a total value of C$4,090.60.

Plaza Retail REIT Stock Up 1.3 %

PLZ.UN stock opened at C$3.76 on Wednesday. Plaza Retail REIT has a twelve month low of C$3.40 and a twelve month high of C$3.96. The company has a quick ratio of 0.06, a current ratio of 0.22 and a debt-to-equity ratio of 124.16. The firm has a market cap of C$414.99 million, a PE ratio of 37.60 and a beta of 1.08. The business has a 50 day moving average of C$3.63 and a 200 day moving average of C$3.71.

Plaza Retail REIT Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 18th. Investors of record on Tuesday, February 18th were given a dividend of $0.0233 per share. This represents a $0.28 dividend on an annualized basis and a yield of 7.44%. The ex-dividend date of this dividend was Friday, January 31st. Plaza Retail REIT’s dividend payout ratio (DPR) is presently 280.00%.

Wall Street Analyst Weigh In

Separately, Desjardins set a C$4.25 price objective on Plaza Retail REIT and gave the company a “buy” rating in a research report on Thursday, January 30th.

Plaza Retail REIT Company Profile

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.