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

Posted by Rob Hiaasen on Oct 23rd, 2024

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) announced a dividend on Tuesday, October 22nd, investing.com reports. Shareholders of record on Friday, November 1st will be given a dividend of 0.1118 per share on Friday, November 15th. This represents a yield of 7.16%. The ex-dividend date of this dividend is Thursday, October 31st.

SmartCentres Real Estate Investment Trust Trading Up 0.2 %

OTCMKTS:CWYUF opened at $18.79 on Wednesday. SmartCentres Real Estate Investment Trust has a 52 week low of $14.98 and a 52 week high of $20.23. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.30 and a current ratio of 0.30. The firm’s fifty day moving average is $19.00 and its 200-day moving average is $17.48. The firm has a market cap of $3.35 billion, a P/E ratio of 13.61 and a beta of 1.16.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.52 earnings per share (EPS) for the quarter. SmartCentres Real Estate Investment Trust had a net margin of 34.42% and a return on equity of 4.67%. The business had revenue of $166.68 million for the quarter. Equities analysts expect that SmartCentres Real Estate Investment Trust will post 1.51 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Cibc World Mkts raised SmartCentres Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, August 12th.

Read Our Latest Stock Analysis on CWYUF

About SmartCentres Real Estate Investment Trust

(Get Free Report)

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.