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

Posted by Micah Haroldson on Oct 23rd, 2024

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) announced a dividend on Tuesday, October 22nd, investing.com reports. Stockholders of record on Friday, November 1st will be given a dividend of 0.1118 per share on Friday, November 15th. This represents a dividend yield of 7.16%. The ex-dividend date of this dividend is Thursday, October 31st.

SmartCentres Real Estate Investment Trust Price Performance

Shares of OTCMKTS CWYUF opened at $18.79 on Wednesday. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 13.61 and a beta of 1.16. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.30 and a current ratio of 0.30. SmartCentres Real Estate Investment Trust has a fifty-two week low of $14.98 and a fifty-two week high of $20.23. The firm’s 50-day simple moving average is $19.00 and its 200 day simple moving average is $17.48.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported $0.52 earnings per share (EPS) for the quarter. The company had revenue of $166.68 million for the quarter. SmartCentres Real Estate Investment Trust had a return on equity of 4.67% and a net margin of 34.42%. As a group, research analysts anticipate that SmartCentres Real Estate Investment Trust will post 1.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Cibc World Mkts upgraded shares of SmartCentres Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, August 12th.

View Our Latest Report on SmartCentres Real Estate Investment Trust

About SmartCentres Real Estate Investment Trust

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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.