BTB Real Estate Investment Trust (TSE:BTB.UN) Posts Quarterly Earnings Results

BTB Real Estate Investment Trust (TSE:BTB.UN) posted its quarterly earnings data on Tuesday. The real estate investment trust reported C$0.07 earnings per share for the quarter, reports. The business had revenue of C$31.50 million during the quarter. BTB Real Estate Investment Trust had a return on equity of 6.58% and a net margin of 24.50%.

BTB Real Estate Investment Trust Price Performance

Shares of BTB Real Estate Investment Trust stock traded up C$0.03 during trading on Thursday, hitting C$3.43. 80,345 shares of the company’s stock traded hands, compared to its average volume of 92,754. The company has a market cap of C$303.41 million, a PE ratio of 12.25 and a beta of 0.46. The firm’s fifty day moving average price is C$3.65 and its 200 day moving average price is C$3.84. BTB Real Estate Investment Trust has a twelve month low of C$3.36 and a twelve month high of C$4.33. The company has a debt-to-equity ratio of 150.90, a current ratio of 0.16 and a quick ratio of 0.17.

BTB Real Estate Investment Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 15th will be issued a dividend of $0.0250 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date of this dividend is Friday, November 27th. BTB Real Estate Investment Trust’s dividend payout ratio (DPR) is presently 107.14%.

About BTB Real Estate Investment Trust

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 72 properties, representing a total leasable area of approximately 6 million square feet. People and their stories are at the heart of our success.