Artis REIT (AX) Sets New 12-Month Low at $9.51
Artis REIT (TSE:AX)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$9.51 and last traded at C$0.00, with a volume of 106879 shares trading hands. The stock had previously closed at C$13.73.
Artis REIT (TSE:AX) last released its earnings results on Thursday, November 1st. The company reported C$0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.32 by C($0.19). The firm had revenue of C$128.10 million for the quarter.
The company also recently announced a monthly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be issued a $0.045 dividend. The ex-dividend date is Thursday, November 29th. This represents a $0.54 annualized dividend and a dividend yield of ∞.
About Artis REIT (TSE:AX)
Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company’s objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis’ units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario.
Further Reading: Analyst Ratings
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