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

Crombie Real Estate Investment Trust (TSE:CRR.UN - Get Free Report) declared a monthly dividend on Monday, June 30th, TickerTech Dividends reports. Shareholders of record on Tuesday, July 15th will be given a dividend of 0.0742 per share on Tuesday, July 15th. This represents a $0.89 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date of this dividend is Monday, June 30th.

Crombie Real Estate Investment Trust Trading Up 1.0%

Crombie Real Estate Investment Trust stock traded up C$0.15 during trading hours on Friday, reaching C$14.84. 248,137 shares of the company's stock traded hands, compared to its average volume of 193,048. The company has a debt-to-equity ratio of 120.87, a quick ratio of 0.11 and a current ratio of 0.14. Crombie Real Estate Investment Trust has a fifty-two week low of C$12.48 and a fifty-two week high of C$16.22. The firm has a market capitalization of C$1.60 billion, a price-to-earnings ratio of -53.00 and a beta of 0.95. The firm's 50 day moving average is C$14.68 and its 200-day moving average is C$14.12.

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.

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