Tricon Capital Group Inc (TSE:TCN) had its price objective raised by CIBC from C$13.00 to C$13.25 in a research report report published on Monday.

Other equities research analysts also recently issued reports about the company. Raymond James Financial, Inc. reduced their target price on Tricon Capital Group from C$14.00 to C$13.75 and set a strong-buy rating for the company in a report on Friday, November 10th. Royal Bank Of Canada upped their target price on Tricon Capital Group from C$13.00 to C$14.00 and gave the company an outperform rating in a report on Thursday, November 9th. Finally, TD Securities reduced their target price on Tricon Capital Group from C$13.50 to C$13.00 and set a buy rating for the company in a report on Friday, August 11th.

Shares of Tricon Capital Group (TSE TCN) opened at C$11.38 on Monday. Tricon Capital Group has a fifty-two week low of C$8.90 and a fifty-two week high of C$12.05.

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The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Sunday, December 31st will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 2.28%. The ex-dividend date of this dividend is Thursday, December 28th. Tricon Capital Group’s dividend payout ratio is currently 62.25%.

Tricon Capital Group Company Profile

Tricon Capital Group Inc is a Canada-based company, which is a principal investor and asset manager focused on the residential real estate industry in North America. The Company operates through five segments: Private Funds and Advisory (PF&A), Principal Investing in Tricon Housing Partners (THP), Tricon American Homes (TAH), Tricon Lifestyle Communities (TLC) and Tricon Luxury Residences (TLR).

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