Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) to Issue $0.09 Dividend

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) declared a dividend on Thursday, March 21st, investing.com reports. Stockholders of record on Thursday, March 28th will be paid a dividend of 0.0894 per share on Monday, April 15th. This represents a dividend yield of 3%. The ex-dividend date of this dividend is Wednesday, March 27th.

Canadian Apartment Properties Real Estate Investment Trust Price Performance

OTCMKTS:CDPYF traded down $1.30 during mid-day trading on Tuesday, reaching $34.31. 29,648 shares of the stock were exchanged, compared to its average volume of 15,058. The business has a fifty day moving average price of $35.77 and a 200 day moving average price of $34.83. Canadian Apartment Properties Real Estate Investment Trust has a 1-year low of $29.41 and a 1-year high of $40.63.

Canadian Apartment Properties Real Estate Investment Trust Company Profile

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.