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

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) declared a dividend on Tuesday, December 24th,investing.com reports. Investors of record on Wednesday, January 1st will be given a dividend of 0.1076 per share on Wednesday, January 15th. This represents a yield of 7.46%. The ex-dividend date of this dividend is Tuesday, December 31st.

SmartCentres Real Estate Investment Trust Price Performance

OTCMKTS:CWYUF opened at $17.17 on Wednesday. SmartCentres Real Estate Investment Trust has a 52 week low of $15.82 and a 52 week high of $20.23. The firm has a market cap of $3.06 billion, a price-to-earnings ratio of 26.02 and a beta of 1.17. The firm’s 50-day simple moving average is $18.10 and its 200 day simple moving average is $17.94. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.30 and a current ratio of 0.39.

Analysts Set New Price Targets

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