European Commercial REIT (TSE:ERE – Get Free Report) announced a monthly dividend on Monday, July 15th, Zacks reports. Investors of record on Wednesday, July 31st will be given a dividend of 0.015 per share on Thursday, August 15th. This represents a $0.18 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Wednesday, July 31st.
European Commercial REIT Price Performance
European Commercial REIT (TSE:ERE – Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported C$0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.06 by C$0.08. The company had revenue of C$35.77 million during the quarter.
Analysts Set New Price Targets
ERE has been the topic of a number of research reports. Ventum Cap Mkts upgraded shares of European Commercial REIT to a “strong-buy” rating in a research note on Monday, July 15th. Raymond James upgraded shares of European Commercial REIT from a “hold” rating to a “moderate buy” rating in a research note on Monday, July 15th.
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