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

Chartwell Retirement Residences (TSE:CSH.UN) declared a monthly dividend on Friday, February 27th, TickerTech Dividends reports. Shareholders of record on Monday, March 16th will be paid a dividend of 0.051 per share on Monday, March 16th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, February 27th.

Chartwell Retirement Residences Trading Up 1.1%

Shares of TSE CSH.UN traded up C$0.25 during midday trading on Friday, hitting C$22.22. 791,407 shares of the company traded hands, compared to its average volume of 385,125. The company has a debt-to-equity ratio of 192.20, a quick ratio of 0.07 and a current ratio of 0.43. Chartwell Retirement Residences has a 12-month low of C$15.59 and a 12-month high of C$23.21. The stock has a 50-day moving average price of C$20.95 and a 200 day moving average price of C$20.13. The firm has a market cap of C$6.75 billion, a P/E ratio of 259.17 and a beta of 0.72.

About Chartwell Retirement Residences

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. Chartwell is one of the largest operators in Canada, serving approximately 25,000 residents in four provinces across the country.