Chartwell Retirement Residences (TSE:CSH.UN) to Issue Monthly Dividend of $0.05

Chartwell Retirement Residences (TSE:CSH.UN) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.051 per share on Tuesday, February 18th. This represents a $0.61 annualized dividend and a dividend yield of 3.83%. The ex-dividend date is Friday, January 31st.

Chartwell Retirement Residences Stock Down 1.4 %

Shares of TSE CSH.UN opened at C$15.98 on Wednesday. Chartwell Retirement Residences has a 12-month low of C$11.57 and a 12-month high of C$16.35. The stock has a market cap of C$4.34 billion, a PE ratio of -94.00 and a beta of 1.12. The company has a current ratio of 0.43, a quick ratio of 0.07 and a debt-to-equity ratio of 192.20. The company has a 50-day moving average of C$15.57 and a 200 day moving average of C$15.01.

Analysts Set New Price Targets

CSH.UN has been the subject of a number of research analyst reports. CIBC increased their price objective on shares of Chartwell Retirement Residences from C$16.50 to C$19.00 in a research report on Monday, November 18th. TD Securities lifted their price target on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$17.08.

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.