Killam Apartment REIT (KMP.UN) to Distribute Monthly Dividend of $0.06 on August 17th

Killam Apartment REIT (TSE:KMP.UNGet Free Report) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Stockholders of record on Monday, August 17th will be given a dividend of 0.06 per share on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, July 31st.

Killam Apartment REIT Stock Performance

TSE KMP.UN traded up C$0.04 on Wednesday, hitting C$18.85. 5,288 shares of the company traded hands, compared to its average volume of 376,405. The company has a market capitalization of C$2.30 billion, a price-to-earnings ratio of -96.52 and a beta of 0.79. Killam Apartment REIT has a 52-week low of C$15.65 and a 52-week high of C$19.21. The business’s 50 day moving average price is C$18.64 and its 200-day moving average price is C$17.58. The company has a current ratio of 0.10, a quick ratio of 0.03 and a debt-to-equity ratio of 82.05.

Killam Apartment REIT (TSE:KMP.UNGet Free Report) last released its earnings results on Thursday, May 7th. The company reported C$0.41 earnings per share for the quarter. Killam Apartment REIT had a net margin of 86.91% and a return on equity of 12.07%. The company had revenue of C$96.68 million for the quarter. Equities analysts expect that Killam Apartment REIT will post 1.2904074 earnings per share for the current year.

Killam Apartment REIT Company Profile

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Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada’s largest residential real estate investment trusts, owning, operating and developing a $5.4 billion portfolio of apartments and manufactured home communities. Killam’s strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions which target newer properties and through the disposition of non-core assets, and 3) developing high-quality properties in its core markets.

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Dividend History for Killam Apartment REIT (TSE:KMP.UN)

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