Chartwell Retirement Residences (TSE:CSH.UN) Plans $0.05 Monthly Dividend

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

Chartwell Retirement Residences Stock Down 0.1 %

Shares of TSE CSH.UN opened at C$15.48 on Thursday. Chartwell Retirement Residences has a 1 year low of C$9.59 and a 1 year high of C$16.07. The firm’s 50-day moving average is C$14.47 and its 200-day moving average is C$13.25. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20. The firm has a market capitalization of C$4.20 billion, a PE ratio of -91.06 and a beta of 1.12.

Analysts Set New Price Targets

A number of equities analysts have issued reports on CSH.UN shares. Royal Bank of Canada raised their price objective on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. CIBC increased their price target on Chartwell Retirement Residences from C$15.00 to C$16.50 and gave the company an “outperform” rating in a research note on Monday, August 12th. National Bankshares lifted their price objective on Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 13th. TD Securities increased their target price on Chartwell Retirement Residences from C$17.00 to C$18.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Finally, Scotiabank raised their target price on Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the stock an “outperform” rating in a report on Wednesday, September 11th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$16.50.

Insider Activity

In other Chartwell Retirement Residences news, Director Vlad Volodarski sold 31,872 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$15.77, for a total value of C$502,627.81. 0.57% of the stock is owned by company insiders.

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.