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


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

TSE SMU.UN opened at C$14.17 on Tuesday. The firm’s 50-day moving average is C$13.57 and its two-hundred day moving average is C$13.06. Summit Industrial Income REIT has a 12 month low of C$6.59 and a 12 month high of C$14.51. The company has a debt-to-equity ratio of 64.00, a current ratio of 1.87 and a quick ratio of 1.18. The stock has a market capitalization of C$2.38 billion and a P/E ratio of 9.96.

Summit Industrial Income REIT Company Profile

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.

See Also: Derivative

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

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