Chartwell Retirement Residences Announces Monthly Dividend of $0.05 (TSE:CSH.UN)

Key Points

• Chartwell Retirement Residences has declared a monthly dividend of $0.05 per share with a yield of 3.4%, payable on September 15th to shareholders of record.
• The company’s shares opened at C$17.92 and have fluctuated between C$14.43 and C$18.79 over the past year.
• Chartwell operates long-term care communities in Canada and has a market capitalization of C$4.86 billion.

Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) announced a monthly dividend on Friday, August 29th, TickerTech Dividends reports. Stockholders of record on Monday, September 15th will be paid a dividend of 0.051 per share on Monday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, August 29th.

Chartwell Retirement Residences Stock Up 1.2%

CSH.UN traded up C$0.22 on Monday, hitting C$18.52. 357,452 shares of the company were exchanged, compared to its average volume of 410,242. Chartwell Retirement Residences has a 12 month low of C$14.43 and a 12 month high of C$18.79. The company has a market cap of C$5.36 billion, a PE ratio of 94.83 and a beta of 0.79. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43. The stock's fifty day moving average is C$18.15 and its 200-day moving average is C$17.52.

About Chartwell Retirement Residences

Chartwell Retirement Residences is an unincorporated open-ended trust. The company is engaged in the ownership, operation, and management of retirement and long-term care communities in Canada. It operates its retirement and long-term care facilities separately. The Retirement Operations segment consists of communities that the company owns and operates in Canada.