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Artis Real Estate Investment Trust Unit (TSE:AX.UN) to Issue Monthly Dividend of $0.05

Artis Real Estate Investment Trust Unit logo with Real Estate background

Artis Real Estate Investment Trust Unit (TSE:AX.UN - Get Free Report) announced a monthly dividend on Friday, May 30th, TickerTech Dividends reports. Shareholders of record on Friday, June 13th will be given a dividend of 0.05 per share on Friday, June 13th. This represents a $0.60 dividend on an annualized basis and a yield of 8.24%. The ex-dividend date of this dividend is Friday, May 30th.

Artis Real Estate Investment Trust Unit Stock Performance

Shares of AX.UN stock traded up C$0.13 during midday trading on Thursday, hitting C$7.28. The company had a trading volume of 89,265 shares, compared to its average volume of 153,196. The stock has a market cap of C$756.39 million, a price-to-earnings ratio of -3.28 and a beta of 1.20. The company has a debt-to-equity ratio of 104.62, a current ratio of 0.78 and a quick ratio of 0.07. The company's 50 day simple moving average is C$7.22 and its 200 day simple moving average is C$7.44. Artis Real Estate Investment Trust Unit has a 52-week low of C$6.27 and a 52-week high of C$8.38.

About Artis Real Estate Investment Trust Unit

(Get Free Report)

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin.

See Also

Dividend History for Artis Real Estate Investment Trust Unit (TSE:AX.UN)

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