CT Real Estate Investment Trust (CRT.UN) to Distribute Monthly Dividend of $0.08 on November 16th

CT Real Estate Investment Trust (TSE:CRT.UN) declared a monthly dividend on Friday, October 30th. Stockholders of record on Monday, November 16th will be given a dividend of $0.0818 per share by the real estate investment trust on Monday, November 16th. This represents a $0.98 annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Friday, October 30th.

CT Real Estate Investment Trust Stock Performance

Shares of CRT.UN opened at C$17.45 on Wednesday. The company has a current ratio of 0.11, a quick ratio of 0.10 and a debt-to-equity ratio of 75.45. The company has a market capitalization of C$4.17 billion, a price-to-earnings ratio of 9.10, a PEG ratio of 0.76 and a beta of 0.96. The stock has a 50 day moving average of C$17.23 and a 200 day moving average of C$17.43. CT Real Estate Investment Trust has a 12 month low of C$15.66 and a 12 month high of C$18.95.

CT Real Estate Investment Trust (TSE:CRT.UN) last posted its quarterly earnings data on Monday, August 10th. The real estate investment trust reported C$0.45 earnings per share for the quarter. CT Real Estate Investment Trust had a return on equity of 6.46% and a net margin of 20.63%. The business had revenue of C$156.71 million for the quarter. As a group, sell-side analysts forecast that CT Real Estate Investment Trust will post 1.17 earnings per share for the current year.

CT Real Estate Investment Trust Company Profile

CT REIT 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 380 properties totalling 32 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT’s most significant tenant.