Plaza Retail REIT (PLZ.UN) to Issue Monthly Dividend of $0.02 on June 15th

Plaza Retail REIT (TSE:PLZ.UN) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Investors of record on Monday, June 15th will be given a dividend of 0.0233 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Friday, May 29th.

Plaza Retail REIT Price Performance

PLZ.UN opened at C$4.47 on Wednesday. The company has a fifty day simple moving average of C$4.37 and a 200 day simple moving average of C$4.28. The firm has a market cap of C$493.77 million, a price-to-earnings ratio of 8.41 and a beta of 0.72. Plaza Retail REIT has a twelve month low of C$3.83 and a twelve month high of C$4.54. The company has a current ratio of 0.22, a quick ratio of 0.06 and a debt-to-equity ratio of 124.16.

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

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.