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

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

SmartCentres Real Estate Investment Trust Trading Down 1.0 %

Shares of OTCMKTS CWYUF opened at $18.74 on Tuesday. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 13.58 and a beta of 1.16. SmartCentres Real Estate Investment Trust has a 12-month low of $14.98 and a 12-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. The stock’s 50 day simple moving average is $18.97 and its 200 day simple moving average is $17.47.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) last issued its quarterly 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 company had revenue of $166.68 million for the quarter. Equities research analysts expect that SmartCentres Real Estate Investment Trust will post 1.51 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Cibc World Mkts raised SmartCentres Real Estate Investment Trust to a “strong-buy” rating in a research report 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.