CommonWealth REIT Announces Quarterly Dividend of $0.25 (CWH)
CommonWealth REIT (NYSE:CWH) announced a quarterly dividend on Friday, January 3rd, Stock Ratings Network reports. Investors of record on Monday, January 13th will be paid a dividend of 0.25 per share on Friday, February 21st. This represents a $1.00 annualized dividend and a dividend yield of 4.29%.
A number of research firms have recently commented on CWH. Analysts at Stifel Nicolaus upgraded shares of CommonWealth REIT from a “sell” rating to a “hold” rating in a research note to investors on Tuesday, December 17th. On the ratings front, analysts at RBC Capital raised their price target on shares of CommonWealth REIT from $21.00 to $22.00 in a research note to investors on Friday, November 8th. They now have a “sector perform” rating on the stock. Finally, analysts at Zacks downgraded shares of CommonWealth REIT from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, November 8th. They now have a $22.10 price target on the stock.
Shares of CommonWealth REIT (NYSE:CWH) opened at 23.30 on Friday. CommonWealth REIT has a 52 week low of $15.43 and a 52 week high of $26.38. The stock’s 50-day moving average is $23.3 and its 200-day moving average is $23.. The company’s market cap is $2.758 billion.
CommonWealth REIT (NYSE:CWH) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by $0.05. The company had revenue of $201.74 million for the quarter, compared to the consensus estimate of $259.64 million. During the same quarter in the previous year, the company posted $0.86 earnings per share.
CommonWealth REIT (NYSE:CWH) is a real estate investment trust (REIT).
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