Plaza Retail REIT (PLZ.UN) to Distribute Monthly Dividend of $0.02 on July 15th

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

Plaza Retail REIT Price Performance

Shares of TSE:PLZ.UN opened at C$4.71 on Friday. 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 50-day moving average price of C$4.51 and a 200 day moving average price of C$4.36. The company has a market cap of C$520.29 million, a P/E ratio of 8.86 and a beta of 0.75. The company has a quick ratio of 0.06, a current ratio of 0.22 and a debt-to-equity ratio of 124.16.

Plaza Retail REIT (TSE:PLZ.UN) last issued its earnings results on Wednesday, May 13th. The company reported C$0.12 earnings per share (EPS) for the quarter. The business 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.