InterRent REIT (IIP) to Release Earnings on Tuesday

InterRent REIT (TSE:IIP) is scheduled to announce its earnings results after the market closes on Tuesday, August 6th. Analysts expect the company to announce earnings of C$0.15 per share for the quarter.

InterRent REIT (TSE:IIP) last released its quarterly earnings results on Thursday, May 9th. The company reported C$0.18 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.14 by C$0.04. The business had revenue of C$61.75 million during the quarter.

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 Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be issued a dividend of $0.032 per share. This represents a $0.38 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Wednesday, July 31st.

About InterRent REIT

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).