Plaza Retail REIT (TSE:PLZ.UN) Announces $0.02 Monthly Dividend

Plaza Retail REIT (TSE:PLZ.UN) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be paid a dividend of 0.0233 per share on Monday, August 17th. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Friday, July 31st.

Plaza Retail REIT Stock Performance

TSE:PLZ.UN opened at C$5.24 on Wednesday. The company has a debt-to-equity ratio of 124.16, a quick ratio of 0.06 and a current ratio of 0.22. Plaza Retail REIT has a fifty-two week low of C$3.96 and a fifty-two week high of C$5.25. The company has a market cap of C$578.83 million, a price-to-earnings ratio of 9.86 and a beta of 0.74. The stock has a fifty day moving average price of C$4.78 and a 200-day moving average price of C$4.49.

Plaza Retail REIT (TSE:PLZ.UN) last released its earnings results on Wednesday, May 13th. The company reported C$0.12 EPS for the quarter. The company had revenue of C$32.51 million for the quarter. Plaza Retail REIT had a net margin of 9.40% and a return on equity of 2.07%.

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.