BTB Real Estate Investment Trust (TSE:BTB.UN) Issues Quarterly Earnings Results

BTB Real Estate Investment Trust (TSE:BTB.UN) posted its quarterly earnings data on Tuesday. The real estate investment trust reported C$0.07 earnings per share (EPS) for the quarter, reports. BTB Real Estate Investment Trust had a net margin of 24.50% and a return on equity of 6.58%. The business had revenue of C$31.50 million during the quarter.

BTB Real Estate Investment Trust Stock Performance

Shares of BTB Real Estate Investment Trust stock traded up C$0.02 on Thursday, reaching C$3.42. 79,345 shares of the company traded hands, compared to its average volume of 92,741. BTB Real Estate Investment Trust has a 52 week low of C$3.36 and a 52 week high of C$4.33. The company has a 50 day moving average of C$3.65 and a 200 day moving average of C$3.84. The firm has a market capitalization of C$302.52 million, a PE ratio of 12.21 and a beta of 0.46. The company has a debt-to-equity ratio of 150.90, a current ratio of 0.16 and a quick ratio of 0.17.

BTB Real Estate Investment Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 15th will be paid a $0.0250 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date is Friday, November 27th. BTB Real Estate Investment Trust’s payout ratio is presently 107.14%.

BTB Real Estate Investment Trust Company Profile

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 72 properties, representing a total leasable area of approximately 6 million square feet. People and their stories are at the heart of our success.