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

Plaza Retail REIT (TSE:PLZ.UN) announced 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) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Friday, July 31st.

Plaza Retail REIT Stock Performance

Shares of PLZ.UN opened at C$5.24 on Wednesday. The company has a current ratio of 0.22, a quick ratio of 0.06 and a debt-to-equity ratio of 124.16. The firm’s fifty day simple moving average is C$4.78 and its two-hundred day simple moving average is C$4.49. Plaza Retail REIT has a 12 month low of C$3.96 and a 12 month high of C$5.25. The stock has a market capitalization of C$578.83 million, a P/E ratio of 9.86 and a beta of 0.74.

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

Plaza Retail REIT Company Profile

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.