Capreit (CAR) Plans Monthly Dividend of $0.12

Capreit (TSE:CAR) declared a monthly dividend on Wednesday, May 15th, Zacks reports. Investors of record on Friday, May 31st will be paid a dividend of 0.115 per share on Monday, June 17th. This represents a $1.38 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, May 30th.

Capreit has a fifty-two week low of C$20.71 and a fifty-two week high of C$50.88.

Capreit (TSE:CAR) last issued its quarterly earnings data on Tuesday, February 26th. The company reported C$5.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.50 by C$4.55. The business had revenue of C$177.67 million for the quarter.

Several analysts have issued reports on the stock. Desjardins reissued a “hold” rating on shares of Capreit in a research note on Thursday, February 28th. Echelon Wealth Partners raised shares of Capreit from a “hold” rating to a “buy” rating in a research note on Wednesday, February 27th. Finally, National Bank Financial reissued a “sector perform under weight” rating on shares of Capreit in a research note on Tuesday, April 23rd.

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Dividend History for Capreit (TSE:CAR)

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