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

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) declared 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 is Thursday, October 31st.

SmartCentres Real Estate Investment Trust Stock Down 0.2 %

OTCMKTS:CWYUF opened at $18.74 on Thursday. The company’s 50 day moving average is $19.03 and its two-hundred day moving average is $17.49. The company has a market cap of $3.34 billion, a PE ratio of 13.58 and a beta of 1.16. SmartCentres Real Estate Investment Trust has a twelve month low of $14.98 and a twelve month high of $20.23. 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 (OTCMKTS:CWYUF) last released its earnings results on Thursday, August 8th. The company reported $0.52 earnings per share (EPS) for the quarter. SmartCentres Real Estate Investment Trust had a return on equity of 4.67% and a net margin of 34.42%. The firm had revenue of $166.68 million for the quarter. Analysts anticipate that SmartCentres Real Estate Investment Trust will post 1.51 EPS for the current year.

Analysts Set New Price Targets

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

About SmartCentres Real Estate Investment Trust

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.