OneREIT (TSE:ONR.UN) announced a monthly dividend on Monday, November 28th. Shareholders of record on Thursday, December 15th will be given a dividend of 0.025 per share on Thursday, December 15th. This represents a $0.30 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Monday, November 28th.

Dividend History for OneREIT (TSE:ONR.UN)

A number of brokerages have recently commented on ONR.UN. TD Securities upped their target price on OneREIT from C$4.50 to C$4.75 and gave the stock a “buy” rating in a research note on Friday, August 12th. Royal Bank Of Canada restated a “sector perform” rating and issued a C$3.75 target price on shares of OneREIT in a research note on Wednesday, November 16th.

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OneREIT Company Profile

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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