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

CT Real Estate Investment Trust (TSE:CRT.UN) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Investors of record on Monday, August 17th will be given 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 yield of 5.2%. The ex-dividend date is Friday, July 31st.

CT Real Estate Investment Trust Stock Up 0.4%

CT Real Estate Investment Trust stock opened at C$18.81 on Wednesday. The company has a debt-to-equity ratio of 75.45, a current ratio of 0.11 and a quick ratio of 0.10. CT Real Estate Investment Trust has a fifty-two week low of C$15.26 and a fifty-two week high of C$18.95. The firm has a fifty day moving average price of C$18.22 and a two-hundred day moving average price of C$17.44. The firm has a market cap of C$4.48 billion, a price-to-earnings ratio of 10.27, a P/E/G ratio of 0.76 and a beta of 1.06.

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

About CT Real Estate Investment Trust

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.