Canadian Apartment Properties REIT Announces Monthly Dividend of $0.11 (CAR)

Canadian Apartment Properties REIT (TSE:CAR) declared a monthly dividend on Monday, July 24th, Zacks reports. Stockholders of record on Monday, July 31st will be given a dividend of 0.107 per share on Tuesday, August 15th. This represents a $1.28 annualized dividend and a dividend yield of Infinity. The ex-dividend date is Thursday, July 27th.

A number of brokerages have recently commented on CAR. National Bank Financial reaffirmed an “outperform market weight” rating on shares of Canadian Apartment Properties REIT in a research note on Friday, August 11th. Desjardins reaffirmed a “hold” rating on shares of Canadian Apartment Properties REIT in a research note on Friday, August 11th.

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Canadian Apartment Properties REIT Company Profile

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