Killam Apartment REIT (TSE:KMP.UN) Plans Monthly Dividend of $0.06

Killam Apartment REIT (TSE:KMP.UN) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be paid a dividend of 0.06 per share on Monday, August 17th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, July 31st.

Killam Apartment REIT Stock Up 1.1%

Killam Apartment REIT stock opened at C$18.81 on Wednesday. The stock has a market capitalization of C$2.30 billion, a PE ratio of -96.32 and a beta of 0.79. Killam Apartment REIT has a 12 month low of C$15.65 and a 12 month high of C$19.21. The business has a 50 day simple moving average of C$18.64 and a 200-day simple moving average of C$17.58. The company has a debt-to-equity ratio of 82.05, a current ratio of 0.10 and a quick ratio of 0.03.

Killam Apartment REIT (TSE:KMP.UN) last announced its earnings results on Thursday, May 7th. The company reported C$0.41 earnings per share for the quarter. Killam Apartment REIT had a return on equity of 12.07% and a net margin of 86.91%.The business had revenue of C$96.68 million during the quarter. On average, analysts anticipate that Killam Apartment REIT will post 1.2904074 EPS for the current fiscal year.

About Killam Apartment REIT

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada’s largest residential real estate investment trusts, owning, operating and developing a $5.4 billion portfolio of apartments and manufactured home communities. Killam’s strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions which target newer properties and through the disposition of non-core assets, and 3) developing high-quality properties in its core markets.