CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report) announced a monthly dividend on Wednesday, April 30th, TickerTech Dividends reports. Stockholders of record on Thursday, May 15th will be paid a dividend of 0.0771 per share by the real estate investment trust on Thursday, May 15th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 6.25%. The ex-dividend date is Wednesday, April 30th.
CT Real Estate Investment Trust Price Performance
Shares of TSE:CRT.UN opened at C$14.80 on Monday. The company has a quick ratio of 0.10, a current ratio of 0.11 and a debt-to-equity ratio of 75.45. The stock has a market cap of C$1.60 billion, a PE ratio of 16.09, a PEG ratio of 0.76 and a beta of 1.00. The company's fifty day moving average is C$14.57 and its 200 day moving average is C$14.73. CT Real Estate Investment Trust has a 52 week low of C$12.80 and a 52 week high of C$16.32.
Analysts Set New Price Targets
Separately, Desjardins dropped their target price on CT Real Estate Investment Trust from C$16.00 to C$15.50 and set a "hold" rating for the company in a report on Wednesday, February 12th.
Read Our Latest Stock Report on CRT.UN
About CT Real Estate Investment Trust
(
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CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores.
Further Reading
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