Allied Properties Real Estate Investment Trust (AP) Scheduled to Post Earnings on Tuesday

Allied Properties Real Estate Investment Trust (TSE:AP) will be issuing its quarterly earnings data after the market closes on Tuesday, July 30th. Analysts expect the company to announce earnings of C$0.57 per share for the quarter.

Allied Properties Real Estate Investment Trust (TSE:AP) last posted its quarterly earnings data on Tuesday, April 30th. The company reported C($0.13) EPS for the quarter, missing analysts’ consensus estimates of C$0.58 by C($0.71). The firm had revenue of C$143.58 million during the quarter.

Allied Properties Real Estate Investment Trust Stock Performance

Allied Properties Real Estate Investment Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, July 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of ∞.

Analyst Ratings Changes

Separately, National Bank Financial downgraded shares of Allied Properties Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 17th.

Allied Properties Real Estate Investment Trust Company Profile

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.