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

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUFGet Free Report) declared a dividend on Saturday, June 22nd, investing.com reports. Investors of record on Monday, July 1st will be given a dividend of 0.1123 per share on Monday, July 15th. This represents a yield of 8.46%. The ex-dividend date is Friday, June 28th.

SmartCentres Real Estate Investment Trust Stock Down 0.9 %

Shares of OTCMKTS CWYUF traded down $0.15 during trading on Thursday, reaching $15.84. 1,267 shares of the stock were exchanged, compared to its average volume of 20,739. SmartCentres Real Estate Investment Trust has a twelve month low of $14.98 and a twelve month high of $19.24. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 11.48 and a beta of 1.14. The business’s 50-day moving average price is $16.43 and its 200 day moving average price is $17.29.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUFGet Free Report) last announced its earnings results on Wednesday, May 8th. The company reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $161.15 million for the quarter. SmartCentres Real Estate Investment Trust had a return on equity of 5.31% and a net margin of 40.05%.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets upgraded shares of SmartCentres Real Estate Investment Trust to a “hold” rating in a research note on Friday, May 17th.

Read Our Latest Research Report on SmartCentres Real Estate Investment Trust

About SmartCentres Real Estate Investment Trust

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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.

Further Reading

Dividend History for SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF)

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