Capreit (TSE:CAR) Announces Monthly Dividend of $0.13

Capreit (TSE:CAR) declared a monthly dividend on Monday, September 16th, Zacks reports. Investors of record on Monday, September 30th will be paid a dividend of 0.125 per share on Tuesday, October 15th. This represents a $1.50 annualized dividend and a dividend yield of ∞. The ex-dividend date is Monday, September 30th.

Capreit Price Performance

Capreit has a 12-month low of C$20.71 and a 12-month high of C$50.88.

Capreit (TSE:CAR) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$0.66 EPS for the quarter, topping the consensus estimate of C$0.64 by C$0.02. The company had revenue of C$278.13 million for the quarter.

Analyst Ratings Changes

Separately, Ventum Cap Mkts upgraded Capreit to a “hold” rating in a research note on Monday, July 15th.

Capreit Company Profile

Avis Budget Group, Inc, together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network.