First Capital Realty (TSE:FCR) Stock Price Up 0.6% After Dividend Announcement

Shares of First Capital Realty Inc. (TSE:FCR) traded up 0.6% on Monday after the company announced a dividend. The company traded as high as C$20.95 and last traded at C$20.86. 3,044,888 shares traded hands during trading, an increase of 551% from the average session volume of 468,009 shares. The stock had previously closed at C$20.74.

The newly announced dividend which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be given a $0.072 dividend. This represents a $0.86 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Monday, April 29th.

First Capital Realty Stock Performance

The stock has a 50-day simple moving average of C$20.86.

First Capital Realty (TSE:FCR) last announced its quarterly earnings results on Tuesday, February 6th. The company reported C$0.81 earnings per share for the quarter, topping the consensus estimate of C$0.31 by C$0.50. The business had revenue of C$171.18 million during the quarter.