Artis Real Estate Investment Trust (TSE:AX) will be issuing its quarterly earnings data after the market closes on Thursday, August 3rd. Analysts expect the company to announce earnings of $0.37 per share for the quarter.
The business also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Monday, July 31st will be issued a dividend of $0.09 per share. This represents a $1.08 annualized dividend and a dividend yield of Infinity. The ex-dividend date of this dividend is Thursday, July 27th.
Separately, Desjardins downgraded Artis Real Estate Investment Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 10th.
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Artis Real Estate Investment Trust Company Profile
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.
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