CT Real Estate Investment Trust Declares Monthly Dividend of $0.08 (TSE:CRT.UN)

CT Real Estate Investment Trust (TSE:CRT.UN) declared a monthly dividend on Friday, February 28th, TickerTech Dividends reports. Investors of record on Monday, March 17th will be given a dividend of 0.0771 per share by the real estate investment trust on Monday, March 17th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date of this dividend is Friday, February 28th.

CT Real Estate Investment Trust Trading Up 0.6 %

Shares of CRT.UN stock traded up C$0.09 on Wednesday, reaching C$14.90. The company had a trading volume of 27,060 shares, compared to its average volume of 160,346. 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 50-day moving average of C$14.39 and a 200-day moving average of C$14.98. CT Real Estate Investment Trust has a 12 month low of C$12.80 and a 12 month high of C$16.32. The stock has a market cap of C$1.61 billion, a PE ratio of 16.20, a PEG ratio of 0.76 and a beta of 1.00.

Analyst Ratings Changes

CRT.UN has been the topic of several recent research reports. Desjardins lowered their price objective on CT Real Estate Investment Trust from C$16.00 to C$15.50 and set a “hold” rating on the stock in a research report on Wednesday, February 12th. National Bankshares set a C$16.25 price target on CT Real Estate Investment Trust and gave the company a “sector perform” rating in a research note on Friday, December 20th.

CT Real Estate Investment Trust Company Profile

CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores.