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

InterRent REIT (TSE:IIPGet Free Report) declared a monthly dividend on Saturday, June 15th, Zacks reports. Stockholders of record on Sunday, June 30th will be paid a dividend of 0.032 per share on Monday, July 15th. This represents a $0.38 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Friday, June 28th.

InterRent REIT Price 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 announced its earnings results on Thursday, May 9th. The company reported C$0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.14 by C$0.04. The company had revenue of C$61.75 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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