Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Declares $0.05 Dividend

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) announced a dividend on Monday, March 17th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be given a dividend of 0.0517 per share on Tuesday, April 15th. The ex-dividend date is Monday, March 31st.

Flagship Communities Real Estate Investment Trust Stock Down 2.4 %

OTCMKTS MHCUF traded down $0.40 during trading on Tuesday, hitting $16.36. 4,000 shares of the company’s stock were exchanged, compared to its average volume of 6,236. Flagship Communities Real Estate Investment Trust has a fifty-two week low of $13.13 and a fifty-two week high of $17.26. The stock’s 50 day moving average price is $14.75 and its two-hundred day moving average price is $15.09.

Analysts Set New Price Targets

Separately, TD Securities started coverage on shares of Flagship Communities Real Estate Investment Trust in a research report on Friday, March 7th. They set a “buy” rating for the company.

About Flagship Communities Real Estate Investment Trust

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.