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

Plaza Retail REIT logo with Real Estate background

Plaza Retail REIT (TSE:PLZ.UN - Get Free Report) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.0233 per share on Tuesday, February 18th. This represents a $0.28 annualized dividend and a dividend yield of 7.75%. The ex-dividend date of this dividend is Friday, January 31st.

Plaza Retail REIT Price Performance

TSE PLZ.UN traded down C$0.01 on Wednesday, hitting C$3.61. 41,085 shares of the company were exchanged, compared to its average volume of 44,770. Plaza Retail REIT has a 1-year low of C$3.40 and a 1-year high of C$3.96. The firm has a 50 day moving average of C$3.61 and a two-hundred day moving average of C$3.72. 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 cap of C$398.44 million, a P/E ratio of 36.10 and a beta of 1.08.

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.

See Also

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

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