Cominar REIT (CUF) to Post FY2018 Earnings of $1.42 Per Share, National Bank Financial Forecasts

Cominar REIT (TSE:CUF) – Equities researchers at National Bank Financial lowered their FY2018 earnings estimates for shares of Cominar REIT in a report issued on Sunday. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings per share of $1.42 for the year, down from their previous forecast of $1.50.

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Cominar REIT (CUF) traded down C$0.01 during trading on Tuesday, reaching C$14.03. 124,832 shares of the company traded hands, compared to its average volume of 409,625. Cominar REIT has a 12-month low of C$11.84 and a 12-month high of C$15.09.

The business also recently disclosed a monthly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were issued a dividend of $0.095 per share. This represents a $1.14 annualized dividend and a yield of 8.13%. The ex-dividend date was Thursday, September 28th.

About Cominar REIT

Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.

Earnings History and Estimates for Cominar REIT (TSE:CUF)

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