Crius Energy Trust (TSE:KWH.UN) declared a monthly dividend on Wednesday, February 14th, TickerTech reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.0697 per share on Thursday, February 15th. This represents a $0.84 annualized dividend and a yield of 9.54%. The ex-dividend date is Wednesday, February 14th. This is a boost from Crius Energy Trust’s previous monthly dividend of $0.07.
Crius Energy Trust (TSE KWH.UN) traded up C$0.07 during trading on Friday, reaching C$8.77. The company’s stock had a trading volume of 45,099 shares, compared to its average volume of 190,990. The company has a market capitalization of $495.42, a P/E ratio of 31.32 and a beta of -0.04. Crius Energy Trust has a 1 year low of C$7.90 and a 1 year high of C$11.32.
A number of brokerages have recently issued reports on KWH.UN. Desjardins lowered their price objective on Crius Energy Trust from C$13.25 to C$12.75 in a research report on Tuesday, October 24th. Canaccord Genuity lowered their price objective on Crius Energy Trust from C$11.50 to C$10.25 and set a “buy” rating for the company in a research report on Monday, November 20th. Finally, Royal Bank of Canada upgraded Crius Energy Trust from a “sector perform” rating to an “outperform” rating and set a C$11.00 price objective for the company in a research report on Friday, November 3rd.
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Crius Energy Trust (the Trust) is an open-ended limited purpose trust. The Trust has been established to provide investors with a distribution-producing investment through its ownership interest in Crius Energy, LLC (Crius Energy), by the Trust’s indirect subsidiary, Crius Energy Corporation. Crius Energy is involved in the sale of electricity and natural gas to residential and commercial customers.
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