Summit Industrial Income REIT Plans Monthly Dividend of $0.05 (TSE:SMU.UN)


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Summit Industrial Income REIT (TSE:SMU.UN) declared a monthly dividend on Thursday, February 25th, TickerTech reports. Stockholders of record on Monday, March 15th will be paid a dividend of 0.045 per share on Monday, March 15th. This represents a $0.54 annualized dividend and a dividend yield of 3.81%. The ex-dividend date is Thursday, February 25th.

Summit Industrial Income REIT stock opened at C$14.17 on Tuesday. The firm’s 50 day simple moving average is C$13.57 and its 200-day simple moving average is C$13.06. The company has a market cap of C$2.38 billion and a P/E ratio of 9.96. The company has a debt-to-equity ratio of 64.00, a current ratio of 1.87 and a quick ratio of 1.18. Summit Industrial Income REIT has a fifty-two week low of C$6.59 and a fifty-two week high of C$14.51.

About Summit Industrial Income REIT

Summit Industrial Income REIT is an unincorporated open-end trust focused on growing and managing a portfolio of light industrial and other properties across Canada. Summit II's units are listed on the TSX and trade under the symbol SMU.UN.

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Dividend History for Summit Industrial Income REIT (TSE:SMU.UN)

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