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

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

Plaza Retail REIT Price Performance

Plaza Retail REIT stock opened at C$4.47 on Wednesday. Plaza Retail REIT has a one year low of C$3.83 and a one year high of C$4.54. The company has a debt-to-equity ratio of 124.16, a quick ratio of 0.06 and a current ratio of 0.22. The business has a fifty day moving average of C$4.37 and a two-hundred day moving average of C$4.28. The company has a market cap of C$493.77 million, a P/E ratio of 8.41 and a beta of 0.72.

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. Plaza Retail REIT had a return on equity of 2.07% and a net margin of 9.40%.The company had revenue of C$32.51 million during the quarter.

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.