Artis Real Estate Investment Trust (TSE:AX) – Stock analysts at National Bank Financial cut their FY2018 earnings estimates for Artis Real Estate Investment Trust in a research note issued to investors on Monday. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings of $1.45 per share for the year, down from their prior estimate of $1.46.

Separately, Desjardins lowered Artis Real Estate Investment Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, May 10th.

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The business also recently declared a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be given a $0.09 dividend. The ex-dividend date is Thursday, July 27th. This represents a $1.08 annualized dividend and a yield of Infinity.

About Artis Real Estate Investment Trust

Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company’s objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis’ units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario.

Earnings History and Estimates for Artis Real Estate Investment Trust (TSE:AX)

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