Plaza Retail REIT (TSE:PLZ.UN) Announces Monthly Dividend of $0.02

Plaza Retail REIT (TSE:PLZ.UN) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.0233 per share on Tuesday, February 18th. This represents a $0.28 dividend on an annualized basis and a yield of 7.66%. The ex-dividend date of this dividend is Friday, January 31st.

Plaza Retail REIT Stock Up 0.8 %

Shares of TSE PLZ.UN traded up C$0.03 during mid-day trading on Wednesday, reaching C$3.65. 3,714 shares of the company’s stock traded hands, compared to its average volume of 42,871. The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06. The business has a 50-day simple moving average of C$3.61 and a 200 day simple moving average of C$3.72. The stock has a market cap of C$402.85 million, a P/E ratio of 36.50 and a beta of 1.08. Plaza Retail REIT has a 1-year low of C$3.40 and a 1-year high of C$3.96.

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.