InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday after the company announced a dividend. The company traded as high as $10.06 and last traded at $10.06, with a volume of 162960 shares traded. The stock had previously closed at $9.99.
The newly announced dividend which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.0331 dividend. InterRent Real Estate Investment Trust's payout ratio is -34.12%.
InterRent Real Estate Investment Trust Price Performance
The company has a market capitalization of $1.41 billion, a PE ratio of -11.84 and a beta of 0.89. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.29 and a current ratio of 0.29. The company's 50-day moving average is $8.72 and its 200 day moving average is $7.72.
InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported $0.10 EPS for the quarter. InterRent Real Estate Investment Trust had a negative return on equity of 7.01% and a negative net margin of 70.17%.
About InterRent Real Estate Investment Trust
(
Get Free Report)
InterRent?REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution?through the acquisition and ownership of multi-residential properties. InterRent's strategy is to expand its portfolio primarily within?markets that have exhibited stable market vacancies,?sufficient suites available to attain the critical mass necessary to implement?an efficient portfolio management structure, and?offer opportunities for accretive acquisitions.
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