Edgefront Real Estate Investment Trust (TSE:NXR – Get Rating) announced a monthly dividend on Wednesday, September 21st, Zacks reports. Investors of record on Friday, September 30th will be given a dividend of 0.053 per share on Friday, October 14th. This represents a $0.64 annualized dividend and a yield of ∞. The ex-dividend date is Wednesday, September 28th.
Edgefront Real Estate Investment Trust Price Performance
Analysts Set New Price Targets
Separately, National Bank Financial lowered Edgefront Real Estate Investment Trust from an “outperfrom under weight” rating to a “sector perform under weight” rating in a research note on Tuesday, July 19th.
About Edgefront Real Estate Investment Trust
The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.
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