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

Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) declared a monthly dividend on Monday, June 30th, TickerTech Dividends reports. Stockholders of record on Tuesday, July 15th will be given a dividend of 0.051 per share on Tuesday, July 15th. This represents a $0.61 annualized dividend and a dividend yield of 3.33%. The ex-dividend date is Monday, June 30th.

Chartwell Retirement Residences Stock Up 0.5%

CSH.UN traded up C$0.10 during trading on Friday, hitting C$18.36. The stock had a trading volume of 483,222 shares, compared to its average volume of 338,940. The company has a market capitalization of C$4.98 billion, a PE ratio of -108.00 and a beta of 1.12. Chartwell Retirement Residences has a twelve month low of C$12.71 and a twelve month high of C$18.70. 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 has a 50 day simple moving average of C$17.85 and a two-hundred day simple moving average of C$16.70.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. BMO Capital Markets upped their price objective on shares of Chartwell Retirement Residences from C$19.00 to C$21.00 in a report on Monday, May 12th. TD Securities upped their price objective on shares of Chartwell Retirement Residences from C$20.00 to C$21.00 in a report on Monday, May 12th. Canaccord Genuity Group set a C$20.50 price objective on Chartwell Retirement Residences and gave the company a "buy" rating in a report on Thursday, April 3rd. Finally, CIBC increased their price objective on Chartwell Retirement Residences from C$19.00 to C$20.00 in a report on Monday, March 3rd. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of C$18.38.

Chartwell Retirement Residences Company Profile

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.

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