CT Real Estate Investment Trust (TSE:CRT.UN - Get Free Report) declared a monthly dividend on Thursday, October 31st, TickerTech reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0771 per share by the real estate investment trust on Friday, November 15th. This represents a $0.93 annualized dividend and a yield of 5.99%. The ex-dividend date of this dividend is Thursday, October 31st.
CT Real Estate Investment Trust Trading Down 0.5 %
Shares of TSE:CRT.UN traded down C$0.07 on Tuesday, hitting C$15.44. 63,597 shares of the company's stock were exchanged, compared to its average volume of 150,070. The business's 50 day simple moving average is C$15.55 and its two-hundred day simple moving average is C$14.35. The company has a debt-to-equity ratio of 75.45, a current ratio of 0.11 and a quick ratio of 0.10. The stock has a market capitalization of C$1.67 billion, a price-to-earnings ratio of 16.78, a price-to-earnings-growth ratio of 0.76 and a beta of 1.00. CT Real Estate Investment Trust has a 12 month low of C$12.57 and a 12 month high of C$16.32.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on CRT.UN shares. BMO Capital Markets boosted their price objective on shares of CT Real Estate Investment Trust from C$15.00 to C$16.00 in a research report on Monday. TD Securities boosted their price target on CT Real Estate Investment Trust from C$15.00 to C$16.00 and gave the company a "hold" rating in a report on Wednesday, September 4th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, CT Real Estate Investment Trust currently has an average rating of "Hold" and a consensus price target of C$15.92.
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About CT Real Estate Investment Trust
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CT Real Estate Investment Trust is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada.
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