Chartwell Retirement Residences (CSH.UN) to Issue Monthly Dividend of $0.05 on December 16th

Chartwell Retirement Residences (TSE:CSH.UN) declared a monthly dividend on Friday, November 29th,TickerTech Dividends reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.051 per share on Monday, December 16th. This represents a $0.61 annualized dividend and a dividend yield of 3.78%. The ex-dividend date is Friday, November 29th.

Chartwell Retirement Residences Stock Performance

Shares of Chartwell Retirement Residences stock remained flat at C$16.18 during trading on Wednesday. 207,423 shares of the stock traded hands, compared to its average volume of 395,833. The stock has a market capitalization of C$4.39 billion, a price-to-earnings ratio of -95.18 and a beta of 1.12. Chartwell Retirement Residences has a 52-week low of C$10.64 and a 52-week high of C$16.29. The company’s 50 day moving average price is C$15.55 and its 200-day moving average price is C$14.15. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43.

Insider Activity

In related news, Director Vlad Volodarski sold 31,872 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of C$15.77, for a total value of C$502,627.81. Company insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on CSH.UN. National Bankshares upped their target price on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 13th. Royal Bank of Canada upped their target price on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. TD Securities upped their price target on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Monday, November 18th. Scotiabank upped their price target on shares of Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the company an “outperform” rating in a research report on Wednesday, September 11th. Finally, Desjardins upped their price target on shares of Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the company a “buy” rating in a research report on Monday, August 12th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$17.08.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.