InterRent REIT to Issue Monthly Dividend of $0.03 (TSE:IIP)

InterRent REIT (TSE:IIPGet Free Report) announced a monthly dividend on Friday, August 16th, Zacks reports. Shareholders of record on Saturday, August 31st will be paid a dividend of 0.032 per share on Monday, September 16th. This represents a $0.38 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Friday, August 30th.

InterRent REIT Stock Performance

InterRent REIT has a 1-year low of C$7.31 and a 1-year high of C$10.19.

InterRent REIT (TSE:IIPGet Free Report) last issued its earnings results on Tuesday, August 6th. The company reported C($0.01) earnings per share for the quarter, missing the consensus estimate of C$0.16 by C($0.17). The business had revenue of C$61.44 million during the quarter.

About InterRent REIT

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InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).

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Dividend History for InterRent REIT (TSE:IIP)

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