InterRent Real Estate Investment Trust (IIP.UN) To Go Ex-Dividend on April 30th

InterRent Real Estate Investment Trust (TSE:IIP.UN) declared a monthly dividend on Thursday, April 30th, TickerTech Dividends reports. Investors of record on Friday, May 15th will be paid a dividend of 0.0331 per share by the real estate investment trust on Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Thursday, April 30th.

InterRent Real Estate Investment Trust Price Performance

IIP.UN stock opened at C$13.23 on Tuesday. InterRent Real Estate Investment Trust has a 1 year low of C$10.78 and a 1 year high of C$13.80. The company has a market cap of C$1.85 billion, a P/E ratio of 100.04 and a beta of 0.42. The firm has a 50-day moving average of C$13.32 and a 200 day moving average of C$13.31. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.43 and a quick ratio of 0.04.

InterRent Real Estate Investment Trust (TSE:IIP.UN) last posted its quarterly earnings data on Tuesday, March 3rd. The real estate investment trust reported C$0.12 earnings per share for the quarter. InterRent Real Estate Investment Trust had a negative return on equity of 0.06% and a negative net margin of 0.69%.The business had revenue of C$62.01 million for the quarter. On average, sell-side analysts forecast that InterRent Real Estate Investment Trust will post 0.7585335 EPS for the current year.

About InterRent Real Estate Investment Trust

InterRent¿REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution¿through the acquisition and ownership of multi-residential properties. InterRent’s strategy is to expand its portfolio primarily within¿markets that have exhibited stable market vacancies,¿sufficient suites available to attain the critical mass necessary to implement¿an efficient portfolio management structure, and¿offer opportunities for accretive acquisitions.