CT Real Estate Investment Trust (CRT.UN) To Go Ex-Dividend on January 31st

CT Real Estate Investment Trust (TSE:CRT.UN) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.0771 per share by the real estate investment trust on Tuesday, February 18th. This represents a $0.93 annualized dividend and a dividend yield of 6.50%. The ex-dividend date of this dividend is Friday, January 31st.

CT Real Estate Investment Trust Stock Performance

TSE CRT.UN remained flat at C$14.23 during trading on Wednesday. The company’s stock had a trading volume of 9,744 shares, compared to its average volume of 121,989. The company has a market cap of C$1.54 billion, a P/E ratio of 15.47, a P/E/G ratio of 0.76 and a beta of 1.00. The business’s 50 day simple moving average is C$14.59 and its two-hundred day simple moving average is C$14.93. CT Real Estate Investment Trust has a one year low of C$12.80 and a one year high of C$16.32. The company has a debt-to-equity ratio of 75.45, a current ratio of 0.11 and a quick ratio of 0.10.

Analyst Ratings Changes

CRT.UN has been the topic of several analyst reports. BMO Capital Markets increased their price target on CT Real Estate Investment Trust from C$15.00 to C$16.00 in a report on Monday, October 28th. National Bankshares set a C$16.25 target price on CT Real Estate Investment Trust and gave the company a “sector perform” rating in a report on Friday, December 20th.

About CT Real Estate Investment Trust

CT Real Estate Investment Trust is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada.