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

Chartwell Retirement Residences (TSE:CSH.UN) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Tuesday, February 18th will be paid a dividend of 0.051 per share on Tuesday, February 18th. This represents a $0.61 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Friday, January 31st.

Chartwell Retirement Residences Trading Down 0.1 %

CSH.UN opened at C$15.96 on Wednesday. The company has a fifty day moving average price of C$15.57 and a two-hundred day moving average price of C$15.01. Chartwell Retirement Residences has a 1-year low of C$11.67 and a 1-year high of C$16.35. The company has a market cap of C$4.33 billion, a P/E ratio of -93.88 and a beta of 1.12. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20.

Analysts Set New Price Targets

A number of brokerages recently commented on CSH.UN. TD Securities boosted their target price on Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Monday, November 18th. CIBC boosted their price objective on Chartwell Retirement Residences from C$16.50 to C$19.00 in a report on Monday, November 18th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$17.08.

About Chartwell Retirement Residences

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.