Chartwell Retirement Residences (CSH.UN) To Go Ex-Dividend on October 30th

Chartwell Retirement Residences (TSE:CSH.UN) announced a monthly dividend on Friday, October 30th. Shareholders of record on Monday, November 16th will be given a dividend of $0.0520 per share on Monday, November 16th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, October 30th.

Chartwell Retirement Residences Price Performance

TSE CSH.UN opened at C$20.99 on Wednesday. Chartwell Retirement Residences has a 12 month low of C$19.22 and a 12 month high of C$23.38. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07. The firm has a market capitalization of C$6.89 billion, a PE ratio of 1,133.92 and a beta of 0.88. The company’s 50 day simple moving average is C$20.42 and its 200 day simple moving average is C$21.14.

Chartwell Retirement Residences (TSE:CSH.UN) last issued its quarterly earnings results on Thursday, August 6th. The company reported C($0.00) earnings per share (EPS) for the quarter. Chartwell Retirement Residences had a negative return on equity of 4.61% and a net margin of 17.92%. The company had revenue of C$336.74 million for the quarter. As a group, equities research analysts forecast that Chartwell Retirement Residences will post 0.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets cut their target price on shares of Chartwell Retirement Residences from C$25.50 to C$25.00 and set an “outperform” rating for the company in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. According to MarketBeat, Chartwell Retirement Residences has an average rating of “Buy” and an average target price of C$25.77.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long-term care. Chartwell is one of the largest operators in Canada, serving approximately 25,000 residents in four provinces across the country.