Cominar REIT (TSE:CUF) to Issue Dividend Increase – $6.00 Per Share

Cominar REIT (TSE:CUF) declared a monthly dividend on Thursday, January 16th, Zacks reports. Investors of record on Friday, January 31st will be given a dividend of 6.00 per share on Monday, February 17th. This represents a $72.00 annualized dividend and a yield of ∞. The ex-dividend date is Thursday, January 30th. This is an increase from Cominar REIT’s previous monthly dividend of $0.06.

Cominar REIT has a 52-week low of C$11.84 and a 52-week high of C$14.95.

Cominar REIT (TSE:CUF) last posted its quarterly earnings results on Friday, November 8th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.29 by C($0.03). The company had revenue of C$171.54 million for the quarter.

About Cominar REIT

Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.

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Dividend History for Cominar REIT (TSE:CUF)

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