Chartwell Retirement Residences (TSE:CSH.UN) declared a monthly dividend on Monday, April 29th, TickerTech reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.05 per share on Wednesday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 4.07%. The ex-dividend date is Monday, April 29th. This is a positive change from Chartwell Retirement Residences’s previous monthly dividend of $0.05.
CSH.UN stock opened at C$14.75 on Wednesday. The company has a debt-to-equity ratio of 221.52, a quick ratio of 0.12 and a current ratio of 0.17. Chartwell Retirement Residences has a 52 week low of C$14.43 and a 52 week high of C$16.50. The firm has a market cap of $3.13 billion and a P/E ratio of 95.78.
Several equities research analysts have weighed in on CSH.UN shares. CIBC increased their price target on shares of Chartwell Retirement Residences from C$15.75 to C$16.00 in a research report on Tuesday, March 5th. Canaccord Genuity dropped their price target on shares of Chartwell Retirement Residences from C$17.50 to C$17.25 and set a “buy” rating for the company in a research report on Tuesday, March 5th. Finally, National Bank Financial increased their price target on shares of Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the company a “sector perform” rating in a research report on Wednesday, April 17th.
About Chartwell Retirement Residences
Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.
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