Allied Properties Real Estate Investment Trust Plans Monthly Dividend of $0.15 (TSE:AP)

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) announced a monthly dividend on Wednesday, March 15th, Zacks reports. Shareholders of record on Friday, March 31st will be given a dividend of 0.15 per share on Monday, April 17th. This represents a $1.80 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, March 30th.

Allied Properties Real Estate Investment Trust Price Performance

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) last announced its earnings results on Tuesday, January 31st. The company reported C$0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.60 by C($0.47). The firm had revenue of C$135.92 million for the quarter.

Analysts Set New Price Targets

Separately, Desjardins reissued a “buy” rating on shares of Allied Properties Real Estate Investment Trust in a research report on Wednesday, January 11th.

Allied Properties Real Estate Investment Trust Company Profile

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Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.