Chartwell Retirement Residences (TSE:CSH.UN) Declares Monthly Dividend of $0.05

Chartwell Retirement Residences (TSE:CSH.UN) announced a monthly dividend on Friday, November 29th,TickerTech Dividends reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.051 per share on Monday, December 16th. This represents a $0.61 annualized dividend and a dividend yield of 3.78%. The ex-dividend date of this dividend is Friday, November 29th.

Chartwell Retirement Residences Stock Performance

TSE:CSH.UN opened at C$16.18 on Thursday. The company has a market cap of C$4.39 billion, a P/E ratio of -95.18 and a beta of 1.12. The stock’s fifty day moving average price is C$15.55 and its two-hundred day moving average price is C$14.15. Chartwell Retirement Residences has a 1 year low of C$10.64 and a 1 year high of C$16.29. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. National Bankshares increased their target price on Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 13th. TD Securities increased their price objective on Chartwell Retirement Residences from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research report on Monday, November 18th. Desjardins increased their price objective on Chartwell Retirement Residences from C$15.50 to C$16.00 and gave the stock a “buy” rating in a research report on Monday, August 12th. Royal Bank of Canada increased their price objective on Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Finally, Scotiabank increased their price objective on Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the stock an “outperform” rating in a research report on Wednesday, September 11th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$17.08.

Insider Buying and Selling at Chartwell Retirement Residences

In other Chartwell Retirement Residences news, Director Vlad Volodarski sold 31,872 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$15.77, for a total transaction of C$502,627.81. Company insiders own 0.55% of the company’s stock.

Chartwell Retirement Residences Company Profile

Chartwell is in the business of serving and caring for Canada’s seniors, committed to its vision of Making People’s Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.