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

Plaza Retail REIT (TSE:PLZ.UN) announced a monthly dividend on Tuesday, December 31st,TickerTech Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.0233 per share on Wednesday, January 15th. This represents a $0.28 dividend on an annualized basis and a yield of 7.90%. The ex-dividend date of this dividend is Tuesday, December 31st.

Plaza Retail REIT Price Performance

TSE:PLZ.UN traded down C$0.07 during trading hours on Friday, hitting C$3.54. The company’s stock had a trading volume of 16,030 shares, compared to its average volume of 43,769. Plaza Retail REIT has a 52-week low of C$3.40 and a 52-week high of C$3.96. 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 business’s 50-day moving average is C$3.71 and its two-hundred day moving average is C$3.70. The company has a market capitalization of C$390.71 million, a PE ratio of 35.40 and a beta of 1.08.

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.