Chartwell Retirement Residences (CSH.UN) To Go Ex-Dividend on November 29th

Chartwell Retirement Residences (TSE:CSH.UN) announced a monthly dividend on Friday, November 29th,TickerTech Dividends reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.051 per share on Monday, December 16th. This represents a $0.61 annualized dividend and a dividend yield of 3.78%. The ex-dividend date of this dividend is Friday, November 29th.

Chartwell Retirement Residences Price Performance

Shares of Chartwell Retirement Residences stock remained flat at C$16.18 during trading on Wednesday. 207,423 shares of the stock traded hands, compared to its average volume of 395,833. Chartwell Retirement Residences has a 12-month low of C$10.64 and a 12-month high of C$16.29. The company has a 50 day simple moving average of C$15.55 and a two-hundred day simple moving average of C$14.15. The firm has a market capitalization of C$4.39 billion, a PE ratio of -95.18 and a beta of 1.12. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CSH.UN. Desjardins lifted their price objective on shares of Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the company a “buy” rating in a report on Monday, August 12th. National Bankshares lifted their price objective on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the company an “outperform” rating in a report on Tuesday, August 13th. Royal Bank of Canada raised their target price on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Scotiabank raised their target price on shares of Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the company an “outperform” rating in a research report on Wednesday, September 11th. Finally, TD Securities raised their target price on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Monday, November 18th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Chartwell Retirement Residences has an average rating of “Buy” and an average target price of C$17.08.

Insider Buying and Selling

In other news, Director Vlad Volodarski sold 31,872 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$15.77, for a total transaction of C$502,627.81. 0.55% of the stock is owned by insiders.

About Chartwell Retirement Residences

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.