Summit Industrial Income REIT (SMU) Set to Announce Quarterly Earnings on Wednesday

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Summit Industrial Income REIT (TSE:SMU) is scheduled to post its quarterly earnings results after the market closes on Wednesday, August 7th. Analysts expect Summit Industrial Income REIT to post earnings of C$0.16 per share for the quarter.

Summit Industrial Income REIT (TSE:SMU) last released its quarterly earnings results on Tuesday, May 7th. The company reported C$0.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.15 by C($0.04). The company had revenue of C$33.78 million during the quarter.

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be issued a dividend of $0.045 per share. This represents a $0.54 dividend on an annualized basis and a yield of ?. This is a boost from Summit Industrial Income REIT’s previous monthly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, July 30th.

Separately, Desjardins reaffirmed a “hold” rating on shares of Summit Industrial Income REIT in a report on Wednesday, June 12th.

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Earnings History for Summit Industrial Income REIT (TSE:SMU)

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