Plaza Retail REIT ( ($TSE:PLZ.UN) ) just unveiled an update.
Plaza Retail REIT announced a monthly distribution for January 2025, amounting to $0.02333 per unit, which translates to an annualized distribution of $0.28. This distribution will be paid to unitholders on February 18, 2025. The announcement underscores Plaza’s ongoing commitment to providing steady returns to its investors, highlighting its stable financial operations and potential impact on stakeholder confidence.
More about Plaza Retail REIT
Plaza Retail REIT is an open-ended real estate investment trust and a prominent retail property owner and developer, primarily operating in Ontario, Quebec, and Atlantic Canada. The company’s portfolio consists of 218 properties, totaling approximately 8.8 million square feet, largely comprising open-air centers and standalone small box retail outlets occupied mainly by national tenants. Plaza focuses on the essential needs, value, and convenience market segments.
YTD Price Performance: -1.39%
Average Trading Volume: 37,921
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$392M
For a thorough assessment of PLZ.UN stock, go to TipRanks’ Stock Analysis page.