SmartCentres Real Estate Investment Trust to Issue Dividend of $0.11 (OTCMKTS:CWYUF)

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) declared a dividend on Tuesday, December 24th,investing.com reports. Stockholders of record on Wednesday, January 1st will be paid a dividend of 0.1076 per share on Wednesday, January 15th. This represents a dividend yield of 7.46%. The ex-dividend date is Tuesday, December 31st.

SmartCentres Real Estate Investment Trust Stock Up 0.2 %

Shares of OTCMKTS:CWYUF opened at $17.08 on Friday. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 25.87 and a beta of 1.17. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.39 and a quick ratio of 0.30. The business’s 50-day moving average is $17.98 and its 200-day moving average is $17.93. SmartCentres Real Estate Investment Trust has a 1 year low of $15.82 and a 1 year high of $20.23.

Wall Street Analysts Forecast Growth

Separately, TD Securities raised SmartCentres Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 19th.

SmartCentres Real Estate Investment Trust Company Profile

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.