Killam Apartment REIT (KMP.UN) to Issue Monthly Dividend of $0.06 on June 15th

Killam Apartment REIT (TSE:KMP.UNGet Free Report) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Investors of record on Monday, June 15th will be paid a dividend of 0.06 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, May 29th.

Killam Apartment REIT Price Performance

Shares of TSE KMP.UN opened at C$18.26 on Wednesday. The company has a debt-to-equity ratio of 82.05, a current ratio of 0.10 and a quick ratio of 0.03. The stock has a fifty day moving average price of C$16.95 and a 200 day moving average price of C$16.89. Killam Apartment REIT has a 1-year low of C$15.65 and a 1-year high of C$19.80. The company has a market cap of C$2.23 billion, a PE ratio of -93.50 and a beta of 0.60.

Killam Apartment REIT (TSE:KMP.UNGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$0.41 earnings per share for the quarter. Killam Apartment REIT had a return on equity of 12.07% and a net margin of 86.91%.The firm had revenue of C$96.68 million during the quarter. Sell-side analysts forecast that Killam Apartment REIT will post 1.2904074 EPS for the current year.

About Killam Apartment REIT

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Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada’s largest residential real estate investment trusts, owning, operating and developing a $5.4 billion portfolio of apartments and manufactured home communities. Killam’s strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions which target newer properties and through the disposition of non-core assets, and 3) developing high-quality properties in its core markets.

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Dividend History for Killam Apartment REIT (TSE:KMP.UN)

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