Plaza Retail REIT (TSE:PLZ.UN) announced a monthly dividend on Thursday, February 25th, TickerTech reports. Investors of record on Monday, March 15th will be paid a dividend of 0.0233 per share on Monday, March 15th. This represents a $0.28 annualized dividend and a yield of 7.52%. The ex-dividend date of this dividend is Thursday, February 25th.
Shares of PLZ.UN stock opened at C$3.72 on Tuesday. The business’s 50 day simple moving average is C$3.64 and its 200 day simple moving average is C$3.54. Plaza Retail REIT has a one year low of C$2.65 and a one year high of C$4.71. The stock has a market capitalization of C$378.60 million and a PE ratio of -24.00. The company has a debt-to-equity ratio of 160.20, a current ratio of 0.17 and a quick ratio of 0.09.
Several brokerages recently commented on PLZ.UN. BMO Capital Markets upped their target price on Plaza Retail REIT from C$3.25 to C$3.50 in a report on Monday, November 16th. Canaccord Genuity increased their price target on Plaza Retail REIT from C$3.50 to C$3.75 in a report on Tuesday, November 17th.
Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.
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