OneREIT (TSE:ONR.UN) declared a monthly dividend on Thursday, July 27th, TickerTech reports. Shareholders of record on Tuesday, August 15th will be given a dividend of 0.025 per share on Tuesday, August 15th. This represents a $0.30 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Thursday, July 27th.
Separately, TD Securities set a C$4.25 price objective on OneREIT and gave the stock a “buy” rating in a research report on Monday, April 3rd.
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OneREIT Company Profile
OneREIT, formerly Retrocom Real Estate Investment Trust, is an unincorporated open-end real estate investment trust (REIT). The Company owns, manages and operates shopping centers located throughout Canada. It owns a portfolio of approximately 60 properties, including over 55 investment properties located in approximately nine provinces and the Yukon Territory, one parcel of land for development located in New Brunswick, and an interest in over 40 acre tract of land in Mississauga, Ontario.
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