Allied Properties Real Estate Investment (TSE:AP) announced a monthly dividend on Thursday, August 24th, Zacks reports. Investors of record on Thursday, August 31st will be given a dividend of 0.127 per share on Friday, September 15th. This represents a $1.52 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Tuesday, August 29th.
A number of equities research analysts have issued reports on the stock. Desjardins reaffirmed a “buy” rating on shares of Allied Properties Real Estate Investment in a research report on Thursday, August 17th. National Bank Financial raised shares of Allied Properties Real Estate Investment from a “sector perform market weight” rating to an “outperform market weight” rating in a research report on Thursday, May 4th.
Allied Properties Real Estate Investment Company Profile
Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).
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