TD Securities Reiterates C$4.75 Price Target for OneREIT (ONR.UN)
Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a C$3.75 price target on shares of OneREIT in a report on Wednesday.
The firm also recently announced a monthly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 15th will be given a dividend of $0.025 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date is Monday, November 28th.
OneREIT, formerly Retrocom Real Estate Investment Trust, is an unincorporated open-end real estate investment trust (REIT). The Company owns, manages and operates shopping centers located throughout Canada. It owns a portfolio of approximately 60 properties, including over 55 investment properties located in approximately nine provinces and the Yukon Territory, one parcel of land for development located in New Brunswick, and an interest in over 40 acre tract of land in Mississauga, Ontario.
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