Plaza Retail REIT (TSE:PLZ.UN) Declares Monthly Dividend of $0.02

Plaza Retail REIT (TSE:PLZ.UN) announced a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0233 per share on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date is Tuesday, June 30th.

Plaza Retail REIT Stock Performance

TSE PLZ.UN opened at C$4.71 on Friday. The company’s fifty day simple moving average is C$4.51 and its 200-day simple moving average is C$4.36. Plaza Retail REIT has a 52 week low of C$3.86 and a 52 week high of C$4.74. The company has a current ratio of 0.22, a quick ratio of 0.06 and a debt-to-equity ratio of 124.16. The stock has a market cap of C$520.29 million, a P/E ratio of 8.86 and a beta of 0.75.

Plaza Retail REIT (TSE:PLZ.UN) last issued its quarterly earnings results on Wednesday, May 13th. The company reported C$0.12 EPS for the quarter. The firm had revenue of C$32.51 million during the quarter. Plaza Retail REIT had a return on equity of 2.07% and a net margin of 9.40%.

About Plaza Retail REIT

Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza’s portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.