SmartCentres Real Estate Investment Trust (CWYUF) to Issue Dividend of $0.11 on December 15th

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) declared a dividend on Wednesday, November 26th, investing.com reports. Stockholders of record on Monday, December 1st will be given a dividend of 0.1099 per share on Monday, December 15th. This represents a dividend yield of 705.0%. The ex-dividend date of this dividend is Friday, November 28th.

SmartCentres Real Estate Investment Trust Price Performance

Shares of OTCMKTS:CWYUF traded up $0.22 during trading on Wednesday, hitting $18.71. 19,733 shares of the company’s stock were exchanged, compared to its average volume of 24,351. The business’s 50-day simple moving average is $18.98 and its 200 day simple moving average is $18.92. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 16.56 and a beta of 0.93. SmartCentres Real Estate Investment Trust has a 52-week low of $15.99 and a 52-week high of $19.86. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.29 and a quick ratio of 0.29.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) last posted its quarterly earnings results on Wednesday, November 12th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.08). SmartCentres Real Estate Investment Trust had a return on equity of 4.41% and a net margin of 33.37%.The business had revenue of $164.62 million during the quarter, compared to analysts’ expectations of $223.98 million. As a group, equities analysts predict that SmartCentres Real Estate Investment Trust will post 1.52 EPS for the current year.

SmartCentres Real Estate Investment Trust Company Profile

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.