CT Real Estate Investment Trust Announces Monthly Dividend of $0.08 (TSE:CRT.UN)

CT Real Estate Investment Trust (TSE:CRT.UN) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Stockholders of record on Monday, August 17th will be paid a dividend of 0.0818 per share by the real estate investment trust on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Friday, July 31st.

CT Real Estate Investment Trust Stock Performance

TSE CRT.UN opened at C$18.81 on Wednesday. The company has a current ratio of 0.11, a quick ratio of 0.10 and a debt-to-equity ratio of 75.45. The stock has a market cap of C$4.48 billion, a PE ratio of 10.27, a P/E/G ratio of 0.76 and a beta of 1.06. The stock has a fifty day simple moving average of C$18.22 and a 200-day simple moving average of C$17.44. CT Real Estate Investment Trust has a twelve month low of C$15.26 and a twelve month high of C$18.95.

CT Real Estate Investment Trust (TSE:CRT.UN) last announced its earnings results on Monday, May 11th. The real estate investment trust reported C$0.41 earnings per share (EPS) for the quarter. CT Real Estate Investment Trust had a return on equity of 6.46% and a net margin of 20.63%.The company had revenue of C$157.56 million for the quarter. Equities analysts anticipate that CT Real Estate Investment Trust will post 1.1696833 earnings per share for the current year.

CT Real Estate Investment Trust Company Profile

CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust’s portfolio primarily consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.