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Plaza Retail REIT (TSE:PLZ.UN) Declares Monthly Dividend of $0.02

Plaza Retail REIT logo with Real Estate background

Plaza Retail REIT (TSE:PLZ.UN - Get Free Report) declared a monthly dividend on Friday, May 30th, TickerTech Dividends reports. Shareholders of record on Monday, June 16th will be given a dividend of 0.0233 per share on Monday, June 16th. This represents a $0.28 annualized dividend and a yield of 7.21%. The ex-dividend date is Friday, May 30th.

Plaza Retail REIT Stock Down 0.3%

Plaza Retail REIT stock traded down C$0.01 during mid-day trading on Friday, hitting C$3.88. 25,466 shares of the company's stock were exchanged, compared to its average volume of 50,446. 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 stock has a market cap of C$428.24 million, a P/E ratio of 38.80 and a beta of 1.08. Plaza Retail REIT has a 1-year low of C$3.40 and a 1-year high of C$3.96. The stock has a 50 day moving average of C$3.74 and a two-hundred day moving average of C$3.68.

Insiders Place Their Bets

In other Plaza Retail REIT news, Director Susan Taves purchased 18,370 shares of the stock in a transaction dated Monday, March 17th. The shares were bought at an average cost of C$3.80 per share, with a total value of C$69,806.00. Company insiders own 35.43% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Desjardins set a C$4.25 target price on shares of Plaza Retail REIT and gave the stock a "buy" rating in a research report on Thursday, January 30th.

Check Out Our Latest Stock Analysis on Plaza Retail REIT

About Plaza Retail REIT

(Get Free Report)

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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Dividend History for Plaza Retail REIT (TSE:PLZ.UN)

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