Q2 2018 EPS Estimates for Killam Apartment REIT Lowered by Raymond James Financial (KMP)
Killam Apartment REIT (TSE:KMP) – Investment analysts at Raymond James Financial decreased their Q2 2018 earnings estimates for Killam Apartment REIT in a report issued on Friday. Raymond James Financial analyst K. Avalos now forecasts that the company will post earnings of $0.23 per share for the quarter, down from their previous estimate of $0.24.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be paid a dividend of $0.052 per share. This represents a $0.62 annualized dividend and a yield of 6.12%. The ex-dividend date of this dividend is Thursday, July 27th.
About Killam Apartment REIT
Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.
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