Chartwell Retirement Residences (TSE:CSH.UN) Declares $0.05 Monthly Dividend

Chartwell Retirement Residences (TSE:CSH.UN - Get Free Report) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.051 per share on Tuesday, February 18th. This represents a $0.61 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend is Friday, January 31st.

Chartwell Retirement Residences Price Performance

TSE CSH.UN traded down C$0.05 on Friday, reaching C$16.05. 395,702 shares of the company's stock traded hands, compared to its average volume of 260,635. Chartwell Retirement Residences has a 12 month low of C$11.76 and a 12 month high of C$16.35. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07. The stock has a 50-day simple moving average of C$15.57 and a 200 day simple moving average of C$15.06. The stock has a market cap of C$4.36 billion, a PE ratio of -94.41 and a beta of 1.12.

Analysts Set New Price Targets

A number of brokerages have commented on CSH.UN. TD Securities increased their price target on shares of Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the company a "buy" rating in a research report on Monday, November 18th. BMO Capital Markets set a C$18.00 price objective on Chartwell Retirement Residences and gave the company an "outperform" rating in a research note on Thursday. Finally, CIBC increased their price objective on Chartwell Retirement Residences from C$16.50 to C$19.00 in a research note on Monday, November 18th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$17.21.

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.