Chartwell Retirement Residences (TSE:CSH.UN) Shareholders to Get $0.05 Monthly Dividend

Key Points

• Chartwell Retirement Residences declared a monthly dividend of C$0.052 per share, equivalent to C$0.62 annually and a 3.0% yield. The ex-dividend date and record date were October 30 and November 16, respectively, with payment scheduled for November 16.
• Shares opened at C$20.99, with a market capitalization of approximately C$6.89 billion and a 52-week trading range of C$19.22 to C$23.38. The company carries high leverage, reflected in a debt-to-equity ratio of 192.20.
• Chartwell reported quarterly revenue of C$336.74 million and breakeven EPS, while analysts expect full-year EPS of C$0.12. The company operates senior-housing communities across four Canadian provinces and serves approximately 25,000 residents.

Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) announced a monthly dividend on Friday, October 30th. Shareholders of record on Monday, November 16th will be paid a dividend of $0.0520 per share on Monday, November 16th. This represents a $0.62 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, October 30th.

Chartwell Retirement Residences Stock Performance

TSE:CSH.UN opened at C$20.99 on Wednesday. The firm has a market capitalization of C$6.89 billion, a PE ratio of 1,133.92 and a beta of 0.88. The stock's fifty day moving average is C$20.42 and its 200 day moving average is C$21.14. Chartwell Retirement Residences has a fifty-two week low of C$19.22 and a fifty-two week high of C$23.38. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43.

Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported C($0.00) earnings per share (EPS) for the quarter. The firm had revenue of C$336.74 million during the quarter. Chartwell Retirement Residences had a negative return on equity of 4.61% and a net margin of 17.92%. On average, sell-side analysts anticipate that Chartwell Retirement Residences will post 0.12 earnings per share for the current year.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada's seniors, committed to its vision of Making People's Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long-term care. Chartwell is one of the largest operators in Canada, serving approximately 25,000 residents in four provinces across the country.

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