Allied Properties Real Estate Investment to Issue Monthly Dividend of $0.13 (TSE:AP)

Allied Properties Real Estate Investment (TSE:AP) announced a monthly dividend on Thursday, August 24th, Zacks reports. Shareholders of record on Thursday, August 31st will be paid a dividend of 0.127 per share on Friday, September 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date is Tuesday, August 29th.

Separately, Desjardins restated a “buy” rating on shares of Allied Properties Real Estate Investment in a report on Thursday, August 17th.

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About Allied Properties Real Estate Investment

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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