Automotive Properties Real Est Invt TR Announces Monthly Dividend of $0.07 (TSE:APR.UN)

Automotive Properties Real Est Invt TR (TSE:APR.UN) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Investors of record on Monday, June 15th will be given a dividend of 0.0685 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, May 29th.

Automotive Properties Real Est Invt TR Stock Up 0.4%

TSE APR.UN opened at C$12.37 on Wednesday. The company has a debt-to-equity ratio of 78.62, a current ratio of 2.24 and a quick ratio of 0.02. The stock has a market capitalization of C$671.83 million, a PE ratio of 11.10 and a beta of 0.70. Automotive Properties Real Est Invt TR has a 1 year low of C$10.68 and a 1 year high of C$12.49. The business’s 50-day moving average is C$11.58 and its 200 day moving average is C$11.33.

Automotive Properties Real Est Invt TR (TSE:APR.UN) last posted its earnings results on Wednesday, May 13th. The company reported C$0.45 earnings per share (EPS) for the quarter. Automotive Properties Real Est Invt TR had a return on equity of 11.73% and a net margin of 76.20%.The company had revenue of C$29.10 million for the quarter. Sell-side analysts forecast that Automotive Properties Real Est Invt TR will post 1.0136327 earnings per share for the current year.

About Automotive Properties Real Est Invt TR

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT’s portfolio currently consists of 91 income-producing commercial properties, representing approximately 3.4 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States.