Crombie Real Estate Investment Trust (TSE:CRR.UN) to Issue Dividend Increase – $0.08 Per Share

Crombie Real Estate Investment Trust (TSE:CRR.UN) announced a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.0758 per share on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date is Tuesday, June 30th. This is a 1.1% increase from Crombie Real Estate Investment Trust’s previous monthly dividend of $0.07.

Crombie Real Estate Investment Trust Trading Down 1.5%

Shares of CRR.UN stock opened at C$17.38 on Wednesday. Crombie Real Estate Investment Trust has a fifty-two week low of C$14.31 and a fifty-two week high of C$17.72. The stock’s fifty day moving average price is C$17.11 and its two-hundred day moving average price is C$16.30. The company has a debt-to-equity ratio of 120.87, a quick ratio of 0.10 and a current ratio of 0.14. The company has a market cap of C$3.26 billion, a PE ratio of -67.02 and a beta of 0.75.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$0.65 EPS for the quarter. The company had revenue of C$130.30 million during the quarter. Crombie Real Estate Investment Trust had a return on equity of 6.00% and a net margin of 24.18%. Equities analysts predict that Crombie Real Estate Investment Trust will post 0.6535637 EPS for the current fiscal year.

Analysts Set New Price Targets

CRR.UN has been the subject of a number of research reports. TD increased their target price on shares of Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Royal Bank Of Canada lifted their price target on shares of Crombie Real Estate Investment Trust from C$16.50 to C$18.00 and gave the company a “sector perform” rating in a report on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$17.62.

About Crombie Real Estate Investment Trust

Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country’s leading owners, operators, and developers of quality real estate assets, Crombie’s portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at September 30, 2025, our portfolio contained 306 properties comprising approximately 18.8 million square feet, inclusive of joint ventures at Crombie’s share, and a significant pipeline of future development projects.