Charter Hall Education Trust (ASX:CQE) Trading Up 0.9%

Charter Hall Education Trust (ASX:CQE) shares were up 0.9% during mid-day trading on Wednesday . The stock traded as high as A$2.15 ($1.52) and last traded at A$2.15 ($1.52), approximately 3,660,006 shares traded hands during mid-day trading. The stock had previously closed at A$2.13 ($1.51).

The company’s 50 day moving average price is A$2.69 and its 200-day moving average price is A$3.30. The company has a market cap of $650.85 million and a price-to-earnings ratio of 8.27. The company has a debt-to-equity ratio of 36.01, a quick ratio of 0.25 and a current ratio of 0.43.

The company also recently announced a Interim dividend, which will be paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 21st will be given a $0.042 dividend. This represents a dividend yield of 1.43%. The ex-dividend date is Monday, March 30th. Charter Hall Education Trust’s dividend payout ratio (DPR) is currently 65.38%.

About Charter Hall Education Trust (ASX:CQE)

Charter Hall Education Trust is the largest Australian ASX-listed real estate investment trust (A-REIT) that invests in early learning properties. Charter Hall Education Trust is managed by Charter Hall Group (ASX:CHC), one of Australia's leading fully integrated property groups, with over $26.4 billion of high quality, long leased property across the office, retail, industrial and social infrastructure sectors.

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