Canadian Net R E Invt Uts (CNNRF) to Distribute Monthly Dividend of C$0.03 on October 30th

Canadian Net R E Invt Uts (OTCMKTS:CNNRF – Get Free Report) announced a monthly dividend on Tuesday, August 18th. Shareholders of record on Thursday, October 15th will be given a dividend of C$0.03 per share on Friday, October 30th. This represents a $0.36 annualized dividend and a yield of 8.1%. The ex-dividend date is Thursday, October 15th.

Canadian Net R E Invt Uts Stock Performance

Shares of CNNRF stock opened at $4.43 on Tuesday. The company has a fifty day simple moving average of $4.77. Canadian Net R E Invt Uts has a 52 week low of $3.73 and a 52 week high of $6.20.

Canadian Net R E Invt Uts Company Profile

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Canadian Net Real Estate Investment Trust is a Canadian real estate investment trust focused on owning and managing income-producing commercial properties. The trust’s portfolio is primarily composed of necessity-based retail and service-oriented properties designed to generate recurring rental income.

Its properties serve a range of tenants, including retail, grocery, pharmacy, convenience, restaurant and other commercial operators. Canadian Net REIT generally seeks properties with established tenants and locations that benefit from consistent local demand.

The trust’s activities are concentrated in Canada, with a historical focus on commercial real estate in Quebec and Ontario.

See Also

Dividend History for Canadian Net R E Invt Uts (OTCMKTS:CNNRF)

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