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

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) announced a dividend on Thursday, January 23rd,investing.com reports. Investors of record on Monday, February 3rd will be given a dividend of 0.1071 per share on Monday, February 17th. This represents a dividend yield of 7.63%. The ex-dividend date of this dividend is Friday, January 31st.

SmartCentres Real Estate Investment Trust Stock Down 0.6 %

CWYUF opened at $16.83 on Thursday. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.71. The firm has a market cap of $3.00 billion, a P/E ratio of 10.72 and a beta of 1.18. SmartCentres Real Estate Investment Trust has a 52 week low of $15.82 and a 52 week high of $20.23. The business’s fifty day simple moving average is $17.54 and its 200 day simple moving average is $18.06.

Analyst Upgrades and Downgrades

Separately, TD Securities raised SmartCentres Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note 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.