Allied Properties Real Estate Investment Trust (TSE:AP.UN) to Issue $0.06 Monthly Dividend

Allied Properties Real Estate Investment Trust (TSE:AP.UN) declared a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Shareholders of record on Monday, June 15th will be given a dividend of 0.06 per share by the real estate investment trust on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Friday, May 29th.

Allied Properties Real Estate Investment Trust Trading Down 0.9%

TSE AP.UN opened at C$10.09 on Wednesday. The company has a fifty day simple moving average of C$9.81 and a two-hundred day simple moving average of C$11.60. The stock has a market cap of C$1.98 billion, a P/E ratio of -1.06 and a beta of 0.86. Allied Properties Real Estate Investment Trust has a 12-month low of C$8.74 and a 12-month high of C$22.27. The company has a current ratio of 0.45, a quick ratio of 0.12 and a debt-to-equity ratio of 71.71.

Allied Properties Real Estate Investment Trust (TSE:AP.UN) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported C($1.15) earnings per share (EPS) for the quarter. The company had revenue of C$143.93 million during the quarter. Allied Properties Real Estate Investment Trust had a negative return on equity of 8.01% and a negative net margin of 89.93%. On average, analysts forecast that Allied Properties Real Estate Investment Trust will post 1.8404851 earnings per share for the current year.

About Allied Properties Real Estate Investment Trust

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.