Cominar REIT (TSE:CUF) – National Bank Financial cut their FY2017 earnings per share estimates for Cominar REIT in a report issued on Monday. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings of $1.44 per share for the year, down from their prior forecast of $1.51. National Bank Financial also issued estimates for Cominar REIT’s FY2018 earnings at $1.51 EPS.
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The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Monday, July 31st will be paid a $0.123 dividend. The ex-dividend date is Thursday, July 27th. This represents a $1.48 dividend on an annualized basis and a dividend yield of Infinity.
About Cominar REIT
Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.
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