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

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 annualized dividend and a yield of 7.64%. The ex-dividend date of this dividend is Friday, January 31st.

Plaza Retail REIT Stock Up 1.1 %

PLZ.UN opened at C$3.66 on Wednesday. Plaza Retail REIT has a 12 month low of C$3.40 and a 12 month high of C$3.96. The stock has a market cap of C$403.95 million, a P/E ratio of 36.60 and a beta of 1.08. The stock’s 50 day moving average price is C$3.61 and its 200 day moving average price is C$3.72. The company has a debt-to-equity ratio of 124.16, a current ratio of 0.22 and a quick ratio of 0.06.

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.