Killam Apartment REIT (TSE:KMP.UN – Get Free Report) announced a monthly dividend on Friday, October 30th. Stockholders of record on Monday, November 16th will be paid a dividend of $0.06 per share on Monday, November 16th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, October 30th.
Killam Apartment REIT Stock Performance
Shares of KMP.UN stock opened at C$17.36 on Wednesday. The company has a debt-to-equity ratio of 82.05, a quick ratio of 0.03 and a current ratio of 0.10. Killam Apartment REIT has a one year low of C$15.65 and a one year high of C$19.21. The company’s 50-day simple moving average is C$17.58 and its 200-day simple moving average is C$17.65. The stock has a market capitalization of C$2.08 billion, a price-to-earnings ratio of 258.01 and a beta of 0.79.
Killam Apartment REIT (TSE:KMP.UN – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported C$0.53 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$99.16 million during the quarter. Equities analysts anticipate that Killam Apartment REIT will post 1.29 earnings per share for the current fiscal year.
About Killam Apartment REIT
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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