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

Plaza Retail REIT (TSE:PLZ.UN) announced a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Investors of record on Wednesday, July 15th will be given a dividend of 0.0233 per share on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date is Tuesday, June 30th.

Plaza Retail REIT Stock Performance

PLZ.UN opened at C$4.71 on Friday. The stock has a market capitalization of C$520.29 million, a PE ratio of 8.86 and a beta of 0.75. The firm’s fifty day moving average price is C$4.51 and its 200 day moving average price is C$4.36. The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06. Plaza Retail REIT has a 12-month low of C$3.86 and a 12-month high of C$4.74.

Plaza Retail REIT (TSE:PLZ.UN) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.12 earnings per share for the quarter. The company had revenue of C$32.51 million during 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.