Allied Properties Real Estate Investment Trust (TSE:AP) to Issue Monthly Dividend of $0.13

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Allied Properties Real Estate Investment Trust (TSE:AP) declared a monthly dividend on Tuesday, October 15th, Zacks reports. Shareholders of record on Thursday, October 31st will be given a dividend of 0.133 per share on Friday, November 15th. This represents a $1.60 annualized dividend and a dividend yield of ?. The ex-dividend date is Wednesday, October 30th.

Allied Properties Real Estate Investment Trust (TSE:AP) last posted its quarterly earnings results on Wednesday, July 31st. The company reported C$0.91 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.56 by C$0.35. The company had revenue of C$117.81 million for the quarter.

Separately, Desjardins lowered Allied Properties Real Estate Investment Trust from a “buy” rating to a “hold” rating in a research report on Friday, September 27th.

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Dividend History for Allied Properties Real Estate Investment Trust (TSE:AP)

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