InterRent Real Estate Investment Trust (TSE:IIP.UN - Get Free Report) announced a monthly dividend on Thursday, April 30th, TickerTech Dividends reports. Investors of record on Friday, May 15th will be given a dividend of 0.0331 per share by the real estate investment trust on Friday, May 15th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, April 30th.
InterRent Real Estate Investment Trust Stock Performance
IIP.UN opened at C$13.21 on Tuesday. The business's 50-day simple moving average is C$13.32 and its 200 day simple moving average is C$13.31. InterRent Real Estate Investment Trust has a 52-week low of C$10.78 and a 52-week high of C$13.80. The company has a debt-to-equity ratio of 63.59, a quick ratio of 0.04 and a current ratio of 0.43. The firm has a market capitalization of C$1.85 billion, a PE ratio of 99.89 and a beta of 0.42.
InterRent Real Estate Investment Trust (TSE:IIP.UN - Get Free Report) last posted its quarterly earnings results on Tuesday, March 3rd. The real estate investment trust reported C$0.12 earnings per share for the quarter. The firm had revenue of C$62.01 million during the quarter. InterRent Real Estate Investment Trust had a negative return on equity of 0.06% and a negative net margin of 0.69%. As a group, sell-side analysts expect that InterRent Real Estate Investment Trust will post 0.7585335 earnings per share for the current fiscal year.
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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