Plaza Retail REIT to Issue Monthly Dividend of $0.02 (TSE:PLZ.UN)

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

Plaza Retail REIT Stock Performance

Shares of PLZ.UN opened at C$3.54 on Friday. Plaza Retail REIT has a 1 year low of C$3.40 and a 1 year high of C$3.96. The stock has a market capitalization of C$390.71 million, a PE ratio of 35.40 and a beta of 1.08. The company has a debt-to-equity ratio of 124.16, a quick ratio of 0.06 and a current ratio of 0.22. The stock has a 50-day simple moving average of C$3.71 and a 200-day simple moving average of C$3.70.

About Plaza Retail REIT

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.