Plaza Retail REIT (PLZ.UN) to Issue Monthly Dividend of $0.02 on February 18th

Plaza Retail REIT (TSE:PLZ.UN) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.0233 per share on Tuesday, February 18th. This represents a $0.28 dividend on an annualized basis and a yield of 7.66%. The ex-dividend date of this dividend is Friday, January 31st.

Plaza Retail REIT Trading Up 0.8 %

Shares of Plaza Retail REIT stock traded up C$0.03 on Wednesday, hitting C$3.65. 3,714 shares of the company’s stock traded hands, compared to its average volume of 42,871. The company has a fifty day moving average of C$3.61 and a two-hundred day moving average of C$3.72. Plaza Retail REIT has a one year low of C$3.40 and a one year high of C$3.96. The company has a market capitalization of C$402.85 million, a price-to-earnings ratio of 36.50 and a beta of 1.08. The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06.

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.