European Commercial REIT (TSE:ERE) to Issue Monthly Dividend of $0.02

European Commercial REIT (TSE:EREGet Free Report) announced a monthly dividend on Monday, April 15th, Zacks reports. Stockholders of record on Tuesday, April 30th will be paid a dividend of 0.015 per share on Wednesday, May 15th. This represents a $0.18 annualized dividend and a dividend yield of ?. The ex-dividend date is Monday, April 29th.

European Commercial REIT Stock Performance

European Commercial REIT (TSE:EREGet Free Report) last issued its earnings results on Wednesday, February 21st. The company reported C($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.29). The business had revenue of C$36.22 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Echelon Wealth Partners upgraded European Commercial REIT from a “hold” rating to a “speculative buy” rating in a research note on Thursday, February 22nd.

Get Our Latest Stock Report on ERE

See Also

Dividend History for European Commercial REIT (TSE:ERE)

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