Capreit (TSE:CAR) Plans $0.12 Monthly Dividend

Capreit (TSE:CARGet Free Report) announced a monthly dividend on Monday, April 15th, Zacks reports. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.121 per share on Wednesday, May 15th. This represents a $1.45 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Monday, April 29th.

Capreit Price Performance

Capreit has a one year low of C$20.71 and a one year high of C$50.88.

Capreit (TSE:CARGet Free Report) last posted its quarterly earnings results on Thursday, February 22nd. The company reported C$0.05 EPS for the quarter, missing analysts’ consensus estimates of C$0.59 by C($0.54). The company had revenue of C$272.20 million during the quarter.

Analysts Set New Price Targets

Separately, Echelon Wealth Partners cut Capreit from a “buy” rating to a “hold” rating in a research note on Friday, February 23rd.

Get Our Latest Report on Capreit

Further Reading

Dividend History for Capreit (TSE:CAR)

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