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

Plaza Retail REIT (TSE:PLZ.UN) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 7.68%. The ex-dividend date of this dividend is Friday, January 31st.

Plaza Retail REIT Stock Performance

TSE PLZ.UN traded up C$0.02 on Wednesday, hitting C$3.64. 3,114 shares of the stock traded hands, compared to its average volume of 42,726. Plaza Retail REIT has a 12 month low of C$3.40 and a 12 month 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 fifty day moving average is C$3.61 and its two-hundred day moving average is C$3.72. The firm has a market capitalization of C$401.75 million, a price-to-earnings ratio of 36.40 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.