Allied Properties Real Estate Investment Trust (TSE:AP) to Post FY2024 Earnings of $2.18 Per Share, National Bank Financial Forecasts

Allied Properties Real Estate Investment Trust (TSE:AP) – Equities research analysts at National Bank Financial increased their FY2024 earnings estimates for Allied Properties Real Estate Investment Trust in a report issued on Wednesday, July 31st. National Bank Financial analyst M. Kornack now anticipates that the company will earn $2.18 per share for the year, up from their prior estimate of $2.17. National Bank Financial has a “Hold” rating on the stock. National Bank Financial also issued estimates for Allied Properties Real Estate Investment Trust’s FY2025 earnings at $2.22 EPS.

Allied Properties Real Estate Investment Trust Price Performance

Allied Properties Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be given a dividend of $0.15 per share. This represents a $1.80 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Wednesday, July 31st.

About Allied Properties Real Estate Investment Trust

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.