Chartwell Retirement Residences (CSH.UN) To Go Ex-Dividend on September 27th

Chartwell Retirement Residences (TSE:CSH.UN) announced a monthly dividend on Friday, September 27th, TickerTech reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.051 per share on Tuesday, October 15th. This represents a $0.61 annualized dividend and a dividend yield of 3.95%. The ex-dividend date of this dividend is Friday, September 27th.

Chartwell Retirement Residences Stock Down 0.1 %

Shares of TSE:CSH.UN traded down C$0.01 during trading hours on Wednesday, hitting C$15.48. The company’s stock had a trading volume of 151,664 shares, compared to its average volume of 413,718. Chartwell Retirement Residences has a 52 week low of C$9.59 and a 52 week high of C$16.07. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07. The company has a market capitalization of C$4.20 billion, a price-to-earnings ratio of -91.06 and a beta of 1.12. The firm’s fifty day moving average price is C$14.42 and its 200 day moving average price is C$13.23.

Insider Buying and Selling

In related news, Director Vlad Volodarski sold 31,872 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$15.77, for a total transaction of C$502,627.81. 0.57% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on CSH.UN. CIBC boosted their price target on shares of Chartwell Retirement Residences from C$15.00 to C$16.50 and gave the company an “outperform” rating in a report on Monday, August 12th. Royal Bank of Canada boosted their price objective on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. TD Securities boosted their price objective on shares of Chartwell Retirement Residences from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Scotiabank boosted their price objective on shares of Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the stock an “outperform” rating in a research note on Wednesday, September 11th. Finally, Desjardins boosted their price objective on shares of Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the stock a “buy” rating in a research note on Monday, August 12th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Chartwell Retirement Residences has a consensus rating of “Buy” and a consensus target price of C$16.50.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.