Plaza Retail REIT (TSE:PLZ.UN) Declares $0.02 Monthly Dividend

Plaza Retail REIT (TSE:PLZ.UN) announced a monthly dividend on Tuesday, December 31st,TickerTech Dividends reports. Stockholders 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 dividend yield of 7.90%. The ex-dividend date of this dividend is Tuesday, December 31st.

Plaza Retail REIT Trading Down 1.9 %

Shares of TSE PLZ.UN opened at C$3.54 on Friday. 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 business’s 50 day moving average price is C$3.71 and its 200-day moving average price is C$3.70. Plaza Retail REIT has a fifty-two week low of C$3.40 and a fifty-two week high of C$3.96. The company has a market cap of C$390.71 million, a price-to-earnings ratio of 35.40 and a beta of 1.08.

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.