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

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) announced a dividend on Friday, November 22nd,investing.com reports. Investors of record on Monday, December 2nd will be paid a dividend of 0.1097 per share on Monday, December 16th. This represents a yield of 7.31%. The ex-dividend date of this dividend is Friday, November 29th.

SmartCentres Real Estate Investment Trust Trading Up 0.9 %

SmartCentres Real Estate Investment Trust stock opened at $18.20 on Friday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.66. SmartCentres Real Estate Investment Trust has a 12 month low of $15.82 and a 12 month high of $20.23. The stock’s 50 day simple moving average is $18.72 and its two-hundred day simple moving average is $17.73. The firm has a market cap of $3.24 billion, a PE ratio of 27.57 and a beta of 1.17.

Wall Street Analyst Weigh In

Several research firms recently commented on CWYUF. Cibc World Mkts raised SmartCentres Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, August 12th. TD Securities upgraded SmartCentres Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a report 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.