CSH.UN dividend calculator – Chartwell Retirement Residences Announces 0.051 Cash Dividend

Dividends Yield

On March 16 2023, Chartwell Retirement Residences ($TSX:CSH.UN) announced a 0.051 cash dividend per share. This dividend is consistent with the annual dividend they have declared over the past 3 years, which has been 0.61 CAD per share giving a dividend yield of 5.64% from 2020 to 2022. The ex-dividend date for 2023 is set as March 30, making this a viable option for dividend investors. Chartwell is a trusted residential care provider for seniors, and their dividend policy means that shareholders can reap rewards for their trust in the company.

Market Price

This dividend is a sign of the company’s financial health and stability, showing its commitment to its shareholders. On the day of the announcement, CHARTWELL stock opened at CA$8.6 and closed at the same price, demonstrating the market’s confidence in the company even after the announcement. The dividend’s amount is consistent with the company’s previous dividends, indicating a commitment to maintaining the dividends which shareholders have come to expect. This announcement further reinforces CHARTWELL’s reputation as a reliable source of income for investors. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for CSH.UN. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for CSH.UN. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for CSH.UN. More…

Key Ratios Snapshot

Some of the financial key ratios for CSH.UN are shown below. More…

Analysis

GoodWhale has analyzed CHARTWELL RETIREMENT RESIDENCES’ fundamentals and classified it as a ‘cow’. Cows are companies with a track record of paying out consistent and sustainable dividends. As such, CHARTWELL RETIREMENT RESIDENCES may be of interest to income investors, who prioritize dividend yield over capital growth. In terms of financial health, CHARTWELL RETIREMENT RESIDENCES has an intermediate score of 6/10. This indicates that the company is likely to sustain future operations in times of crisis, though there is room for improvement when it comes to its cashflows and debt. Looking at CHARTWELL RETIREMENT RESIDENCES’ performance across each of the Key Performance Indicators (KPIs), we see that it is strong in dividend, medium in profitability and weak in asset and growth. Investors seeking income may want to further consider CHARTWELL RETIREMENT RESIDENCES as a potential investment option. More…

Peers

The competition among Chartwell Retirement Residences, Universal Health Realty Income Trust, Healthpeak Properties Inc, and Arena REIT is intense. All four companies are striving to be the top provider of retirement residences in North America. Chartwell has a strong presence in Canada, while Universal Health Realty Income Trust has a strong presence in the United States. Healthpeak Properties Inc is a relatively new player in the industry, but it has made a big splash with its innovative approach to retirement living. Arena REIT is a smaller company, but it is quickly gaining market share with its high-quality residences.

– Universal Health Realty Income Trust ($NYSE:UHT)

Universal Health Realty Income Trust is a real estate investment trust that owns and finances healthcare and human service-related facilities. The company’s portfolio includes hospitals, nursing homes, assisted living facilities, and behavioral health centers. As of 2022, Universal Health Realty Income Trust’s market cap is $670.79 million.

– Healthpeak Properties Inc ($NYSE:PEAK)

As of 2022, Healthpeak Properties Inc has a market cap of 12.91B. The company is a real estate investment trust that owns and operates a diversified portfolio of properties in the United States. The company’s portfolio includes medical office buildings, life science laboratories, senior housing, and other healthcare-related properties.

– Arena REIT ($ASX:ARF)

As of 2022, Arena REIT’s market cap is 5.29B. The company owns and operates a portfolio of properties in the United States. Its portfolio includes office, retail, industrial, and residential properties. The company was founded in 2004 and is headquartered in Boston, Massachusetts.

Summary

CHARTWELL RETIREMENT RESIDENCES is a good option for investors looking for reliable income. The company has declared a consistent annual dividend per share of 0.61 CAD for the past 3 years, providing an attractive yield of 5.64% over 2020-2022. The company is well established and has a strong track record of consistent performance. The company also appears to have a variety of options for investors, including retirement residences, assisted living services, and more.