Urbanfund Corp. Plans Quarterly Dividend of $0.01 (CVE:UFC)

Urbanfund Corp. (CVE:UFC) declared a quarterly dividend on Monday, September 22nd, RTT News reports. Shareholders of record on Tuesday, September 30th will be paid a dividend of 0.0125 per share on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Urbanfund Stock Performance

Shares of UFC stock opened at C$0.83 on Tuesday. The business has a 50 day moving average of C$0.83 and a two-hundred day moving average of C$0.82. The company has a market cap of C$44.62 million, a P/E ratio of 5.85 and a beta of -0.01. The company has a quick ratio of 0.47, a current ratio of 1.21 and a debt-to-equity ratio of 70.76. Urbanfund has a 52 week low of C$0.72 and a 52 week high of C$0.89.

About Urbanfund

Urbanfund Corp. owns, develops, and operates a real estate portfolio for residential and commercial properties in Canada. The company focuses on identifying, evaluating, and investing in real estate and real estate related projects. Its assets are located in Toronto, Belleville, and London, Ontario; and Quebec City and Montreal, Quebec.