Crombie Real Estate Investment Trust (TSE:CRR.UN) Announces $0.07 Monthly Dividend

Crombie Real Estate Investment Trust (TSE:CRR.UN - Get Free Report) declared a monthly dividend on Friday, May 30th, TickerTech Dividends reports. Stockholders of record on Friday, June 13th will be given a dividend of 0.0742 per share on Friday, June 13th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date of this dividend is Friday, May 30th.

Crombie Real Estate Investment Trust Price Performance

Shares of TSE:CRR.UN traded up C$0.07 during trading on Friday, reaching C$14.83. The stock had a trading volume of 143,288 shares, compared to its average volume of 197,129. Crombie Real Estate Investment Trust has a 52 week low of C$12.25 and a 52 week high of C$16.22. The business's 50-day moving average price is C$14.42 and its 200 day moving average price is C$14.05. The company has a debt-to-equity ratio of 120.87, a current ratio of 0.14 and a quick ratio of 0.11. The stock has a market capitalization of C$1.60 billion, a PE ratio of -52.96 and a beta of 0.95.

About Crombie Real Estate Investment Trust

Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets.