SmartCentres Real Estate Investment Trust to Issue Dividend of $0.11 (OTCMKTS:CWYUF)

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) declared a dividend on Tuesday, October 22nd, investing.com reports. Stockholders of record on Friday, November 1st will be paid a dividend of 0.1118 per share on Friday, November 15th. This represents a dividend yield of 7.16%. The ex-dividend date is Thursday, October 31st.

SmartCentres Real Estate Investment Trust Stock Down 1.0 %

OTCMKTS CWYUF opened at $18.74 on Tuesday. SmartCentres Real Estate Investment Trust has a one year low of $14.98 and a one year high of $20.23. The company has a market cap of $3.34 billion, a P/E ratio of 13.58 and a beta of 1.16. The business has a fifty day moving average price of $18.97 and a 200 day moving average price of $17.47. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.30 and a current ratio of 0.30.

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.52 earnings per share (EPS) for the quarter. The firm had revenue of $166.68 million during the quarter. SmartCentres Real Estate Investment Trust had a return on equity of 4.67% and a net margin of 34.42%. Research analysts anticipate that SmartCentres Real Estate Investment Trust will post 1.51 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Cibc World Mkts upgraded SmartCentres Real Estate Investment Trust to a “strong-buy” rating in a research note on Monday, August 12th.

About SmartCentres Real Estate Investment Trust

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.