InterRent REIT (TSE:IIP) to Issue Monthly Dividend of $0.03

InterRent REIT (TSE:IIP – Get Rating) announced a monthly dividend on Thursday, March 16th, Zacks reports. Investors of record on Friday, March 31st will be given a dividend of 0.03 per share on Wednesday, May 17th. This represents a $0.36 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Thursday, March 30th.

InterRent REIT Price Performance

InterRent REIT has a 12-month low of C$7.31 and a 12-month high of C$10.19.

InterRent REIT Company Profile

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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).