Auto Prop Reit (APR) to Issue Monthly Dividend of $0.07 on December 15th

Auto Prop Reit (TSE:APRGet Free Report) announced a monthly dividend on Wednesday, November 15th, Zacks reports. Investors of record on Thursday, November 30th will be paid a dividend of 0.067 per share on Friday, December 15th. This represents a $0.80 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Wednesday, November 29th.

Auto Prop Reit Price Performance

Auto Prop Reit (TSE:APRGet Free Report) last released its earnings results on Monday, August 14th. The company reported C$0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.25 by C$0.17. The firm had revenue of C$22.94 million during the quarter.

Auto Prop Reit Company Profile

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Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 64 income-producing commercial properties and one development property, representing approximately 2.5 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.

Further Reading

Dividend History for Auto Prop Reit (TSE:APR)

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