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

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) declared 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 Stock Up 1.3 %

CWYUF stock opened at $18.17 on Thursday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.30 and a quick ratio of 0.30. The company has a 50-day moving average of $18.65 and a two-hundred day moving average of $17.76. The stock has a market capitalization of $3.24 billion, a price-to-earnings ratio of 27.18 and a beta of 1.17. SmartCentres Real Estate Investment Trust has a 52-week low of $15.82 and a 52-week high of $20.23.

Analysts Set New Price Targets

Several research analysts have commented on the company. Cibc World Mkts raised SmartCentres Real Estate Investment Trust to a “strong-buy” rating in a research report on Monday, August 12th. TD Securities raised shares of SmartCentres Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 19th.

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.