Artis REIT (TSE:AX) Declares Monthly Dividend of $0.05

by · The Markets Daily

Artis REIT (TSE:AX – Get Free Report) declared a monthly dividend on Monday, September 16th, Zacks reports. Stockholders of record on Monday, September 30th will be paid a dividend of 0.05 per share on Tuesday, October 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Monday, September 30th.

Artis REIT Stock Performance

Artis REIT has a fifty-two week low of C$12.82 and a fifty-two week high of C$14.42.

Artis REIT (TSE:AX – Get Free Report) last released its earnings results on Thursday, August 8th. The company reported C($0.03) earnings per share (EPS) for the quarter. The business had revenue of C$28.00 million for the quarter.

About Artis REIT

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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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