SmartCentres Real Estate Investment Trust (CWYUF) to Release Earnings on Wednesday

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) is projected to post its results after the market closes on Wednesday, November 12th. Analysts expect SmartCentres Real Estate Investment Trust to post earnings of $0.40 per share and revenue of $223.9750 million for the quarter.

SmartCentres Real Estate Investment Trust Price Performance

Shares of OTCMKTS CWYUF opened at $18.87 on Monday. SmartCentres Real Estate Investment Trust has a 52 week low of $15.99 and a 52 week high of $19.86. The business’s 50 day moving average price is $19.14 and its 200 day moving average price is $18.89. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.66. The firm has a market cap of $3.36 billion, a P/E ratio of 16.70 and a beta of 0.93.

SmartCentres Real Estate Investment Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a $0.1121 dividend. This represents a yield of 693.0%. The ex-dividend date of this dividend was Monday, September 29th. SmartCentres Real Estate Investment Trust’s dividend payout ratio is presently 115.93%.

About SmartCentres Real Estate Investment Trust

SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.