Plaza Retail REIT (PLZ.UN) to Issue Monthly Dividend of $0.02 on August 17th

Plaza Retail REIT (TSE:PLZ.UN) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be paid a dividend of 0.0233 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend is Friday, July 31st.

Plaza Retail REIT Stock Down 0.8%

Shares of Plaza Retail REIT stock traded down C$0.04 on Wednesday, hitting C$5.20. The company had a trading volume of 7,252 shares, compared to its average volume of 70,653. Plaza Retail REIT has a 1 year low of C$3.96 and a 1 year high of C$5.25. The company has a debt-to-equity ratio of 124.16, a quick ratio of 0.06 and a current ratio of 0.22. The stock has a 50 day moving average of C$4.78 and a 200-day moving average of C$4.49. The stock has a market capitalization of C$574.41 million, a price-to-earnings ratio of 9.78 and a beta of 0.74.

Plaza Retail REIT (TSE:PLZ.UN) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$0.12 earnings per share (EPS) for the quarter. The business had revenue of C$32.51 million during the quarter. Plaza Retail REIT had a return on equity of 2.07% and a net margin of 9.40%.

Plaza Retail REIT Company Profile

Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.