Auto Prop Reit (APR) To Go Ex-Dividend on April 29th

Auto Prop Reit (TSE:APR) declared a monthly dividend on Monday, April 15th, Zacks reports. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.067 per share on Wednesday, May 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Monday, April 29th.

Auto Prop Reit Stock Performance

Auto Prop Reit (TSE:APR) last issued its quarterly earnings data on Thursday, March 7th. The company reported C($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.23 by C($0.53). The business had revenue of C$23.29 million for the quarter.

About Auto Prop Reit

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 64 income-producing commercial properties and one development property, representing approximately 2.5 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.