True North Commercial REIT (TSE:TNT.UN - Get Free Report)'s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$9.30 and traded as low as C$9.18. True North Commercial REIT shares last traded at C$9.23, with a volume of 13,773 shares trading hands.
True North Commercial REIT Trading Up 0.2%
The firm has a market capitalization of C$129.86 million, a PE ratio of -4.35 and a beta of 1.32. The company has a debt-to-equity ratio of 175.73, a quick ratio of 0.06 and a current ratio of 0.14. The firm has a fifty day moving average of C$9.30 and a 200 day moving average of C$9.23.
True North Commercial REIT Dividend Announcement
The business also recently announced a monthly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 15th were issued a dividend of $0.0575 per share. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date was Thursday, July 31st. True North Commercial REIT's dividend payout ratio (DPR) is presently -10.77%.
About True North Commercial REIT
(
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True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires Canadian commercial real estate properties. Its objective is to maximize total returns to unitholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties.
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