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

Plaza Retail REIT (TSE:PLZ.UN) declared a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Stockholders of record on Monday, June 15th will be given a dividend of 0.0233 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Friday, May 29th.

Plaza Retail REIT Trading Down 0.4%

TSE:PLZ.UN opened at C$4.47 on Wednesday. The company has a market capitalization of C$493.77 million, a PE ratio of 8.41 and a beta of 0.72. 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 has a 52-week low of C$3.83 and a 52-week high of C$4.54. The stock has a fifty day simple moving average of C$4.37 and a 200-day simple moving average of C$4.28.

Plaza Retail REIT (TSE:PLZ.UN) last released its quarterly 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.