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Chartwell Retirement Residences (TSE:CSH.UN) declared a dividend on Thursday, May 15th, American Banking News.com reports. Shareholders of record on Friday, May 30th will be given a dividend of 0.0414 per share on Monday, June 16th. The ex-dividend date of this dividend is Wednesday, May 28th.

Several analysts have recently commented on the stock. Analysts at BMO Capital Markets reiterated an “outperform” rating on shares of Chartwell Retirement Residences in a research note on Monday, May 12th. They now have a C$11.50 price target on the stock, down previously from C$11.65. On a related note, analysts at Dundee Securities reiterated a “neutral” rating on shares of Chartwell Retirement Residences in a research note on Monday, May 12th. They now have a C$10.60 price target on the stock, down previously from C$11.00. Finally, analysts at CIBC raised their price target on shares of Chartwell Retirement Residences from C$11.25 to C$11.50 in a research note on Monday, May 12th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of C$11.34.

Chartwell Retirement Residences, formerly Chartwell Seniors Housing Real Estate Investment Trust, is an open-ended real estate investment trust.

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