InterRent REIT (TSE:IIP) Plans Monthly Dividend of $0.02

InterRent REIT (TSE:IIP) declared a monthly dividend on Wednesday, August 14th, Zacks reports. Investors of record on Saturday, August 31st will be paid a dividend of 0.024 per share on Monday, September 16th. This represents a $0.29 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Thursday, August 29th.

InterRent REIT has a 1 year low of C$7.31 and a 1 year high of C$10.19.

InterRent REIT (TSE:IIP) last posted its earnings results on Tuesday, July 30th. The company reported C$0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.12 by C$0.21. The firm had revenue of C$34.74 million for the quarter.

Separately, Desjardins reissued a “buy” rating on shares of InterRent REIT in a research report on Wednesday, July 31st.

About InterRent REIT

InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).

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Dividend History for InterRent REIT (TSE:IIP)

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