Canadian Apartment Properties REIT (TSE:CAR) - Investment analysts at Desjardins reduced their Q3 2017 EPS estimates for Canadian Apartment Properties REIT in a research report issued to clients and investors on Tuesday. Desjardins analyst M. Markidis now anticipates that the company will post earnings per share of $0.47 for the quarter, down from their prior forecast of $0.49. Desjardins has a “Hold” rating on the stock. Desjardins also issued estimates for Canadian Apartment Properties REIT’s FY2017 earnings at $1.83 EPS, FY2018 earnings at $1.94 EPS and FY2019 earnings at $2.01 EPS.
Separately, National Bank Financial reissued an “outperform market weight” rating on shares of Canadian Apartment Properties REIT in a research report on Friday, August 11th.
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The company also recently disclosed a monthly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Monday, July 31st were given a $0.107 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date of this dividend was Thursday, July 27th.
Canadian Apartment Properties REIT Company Profile
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