Automotive Properties Real Est Invt TR (TSE:APR) – Desjardins cut their FY2017 earnings per share estimates for shares of Automotive Properties Real Est Invt TR in a report issued on Sunday. Desjardins analyst D. Chrystal now anticipates that the company will earn $0.98 per share for the year, down from their prior forecast of $0.99. Desjardins also issued estimates for Automotive Properties Real Est Invt TR’s FY2018 earnings at $1.07 EPS.

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Separately, National Bank Financial reaffirmed an “outperform market weight” rating on shares of Automotive Properties Real Est Invt TR in a research note on Monday, May 8th.

The firm also recently announced a monthly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.067 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of Infinity.

Automotive Properties Real Est Invt TR Company Profile

Automotive Properties Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The objectives of the REIT are to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets in order to maximize long-term Unitholder value, and expand the REIT’s asset base while also increasing its Adjusted Funds From Operations (AFFO) per Unit, including through accretive acquisitions.

Earnings History and Estimates for Automotive Properties Real Est Invt TR (TSE:APR)

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