Plaza Retail REIT (TSE:PLZ.UN - Get Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$3.75 and traded as high as C$3.87. Plaza Retail REIT shares last traded at C$3.85, with a volume of 17,232 shares changing hands.
Plaza Retail REIT Stock Up 0.3%
The company has a current ratio of 0.22, a quick ratio of 0.06 and a debt-to-equity ratio of 124.16. The company has a market capitalization of C$426.03 million, a price-to-earnings ratio of 38.60 and a beta of 1.08. The firm's 50 day simple moving average is C$3.75 and its 200-day simple moving average is C$3.68.
Plaza Retail REIT Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 16th will be paid a $0.0233 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.28 annualized dividend and a yield of 7.24%. Plaza Retail REIT's dividend payout ratio is currently 280.00%.
Insider Buying and Selling at Plaza Retail REIT
In related news, Director Susan Taves bought 18,370 shares of the firm's stock in a transaction on Monday, March 17th. The shares were bought at an average cost of C$3.80 per share, for a total transaction of C$69,806.00. 35.43% of the stock is currently owned by corporate insiders.
Plaza Retail REIT Company Profile
(
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Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.
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