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

Plaza Retail REIT (TSE:PLZ.UN) declared a monthly dividend on Tuesday, December 31st,TickerTech Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0233 per share on Wednesday, January 15th. This represents a $0.28 dividend on an annualized basis and a yield of 7.90%. The ex-dividend date of this dividend is Tuesday, December 31st.

Plaza Retail REIT Trading Down 1.9 %

PLZ.UN stock traded down C$0.07 during midday trading on Friday, hitting C$3.54. 16,030 shares of the company’s stock were exchanged, compared to its average volume of 43,769. Plaza Retail REIT has a 1-year low of C$3.40 and a 1-year high of C$3.96. 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 stock has a market capitalization of C$390.71 million, a PE ratio of 35.40 and a beta of 1.08. The business has a 50-day simple moving average of C$3.71 and a two-hundred day simple moving average of C$3.70.

Plaza Retail REIT Company Profile

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.