Auto Prop Reit (APR) To Go Ex-Dividend on June 28th

Auto Prop Reit (TSE:APR) announced a monthly dividend on Monday, June 17th, Zacks reports. Investors of record on Friday, June 28th will be paid a dividend of 0.067 per share on Monday, July 15th. This represents a $0.80 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Friday, June 28th.

Auto Prop Reit Stock Performance

Auto Prop Reit (TSE:APR) last posted its quarterly earnings results on Tuesday, May 14th. The company reported C$0.42 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.25 by C$0.17. The firm had revenue of C$23.41 million for the quarter.

Auto Prop Reit Company Profile

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.