Artis Real Estate Investment Trust (OTCMKTS:ARESF) to Issue Dividend of $0.04

Artis Real Estate Investment Trust (OTCMKTS:ARESFGet Rating) declared a dividend on Thursday, September 22nd, investing.com reports. Investors of record on Friday, September 30th will be paid a dividend of 0.0377 per share on Friday, October 14th. This represents a dividend yield of 5.72%. The ex-dividend date is Thursday, September 29th.

Artis Real Estate Investment Trust Stock Performance

Shares of OTCMKTS ARESF opened at $7.43 on Friday. Artis Real Estate Investment Trust has a 52 week low of $7.41 and a 52 week high of $11.00. The stock’s fifty day moving average is $8.71 and its 200 day moving average is $9.52.

Analysts Set New Price Targets

ARESF has been the topic of a number of recent analyst reports. BMO Capital Markets cut Artis Real Estate Investment Trust from an “outperform” rating to a “market perform” rating and set a $12.00 price target on the stock. in a research report on Monday, July 4th. National Bank Financial decreased their target price on Artis Real Estate Investment Trust from C$12.50 to C$11.00 in a research report on Wednesday, July 20th.

Artis Real Estate Investment Trust Company Profile

(Get Rating)

Artis is a diversified Canadian real estate investment trust investing in industrial and office properties in Canada and the United States. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in select markets in Canada and the United States.

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Dividend History for Artis Real Estate Investment Trust (OTCMKTS:ARESF)

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