Killam Apartment REIT (TSE:KMP.UN) declared a monthly dividend on Tuesday, August 29th, TickerTech reports. Shareholders of record on Friday, September 15th will be paid a dividend of 0.0517 per share on Friday, September 15th. This represents a $0.62 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Tuesday, August 29th.

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A number of brokerages have issued reports on KMP.UN. CIBC reiterated an “outperform” rating and issued a C$13.75 price target on shares of Killam Apartment REIT in a research note on Monday, May 15th. National Bank Financial increased their price target on Killam Apartment REIT from C$13.75 to C$14.00 and gave the stock an “outperform” rating in a research note on Friday, August 11th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of C$13.66.

Killam Apartment REIT Company Profile

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.

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

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