Killam Apartment REIT (KMP.UN) To Go Ex-Dividend on May 29th

Killam Apartment REIT (TSE:KMP.UN) announced a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Stockholders of record on Monday, June 15th will be paid a dividend of 0.06 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, May 29th.

Killam Apartment REIT Price Performance

Shares of TSE:KMP.UN opened at C$18.26 on Wednesday. The company has a 50-day simple moving average of C$16.95 and a 200-day simple moving average of C$16.89. Killam Apartment REIT has a one year low of C$15.65 and a one year high of C$19.80. The company has a debt-to-equity ratio of 82.05, a quick ratio of 0.03 and a current ratio of 0.10. The stock has a market capitalization of C$2.23 billion, a price-to-earnings ratio of -93.50 and a beta of 0.60.

Killam Apartment REIT (TSE:KMP.UN) last announced its earnings results on Thursday, May 7th. The company reported C$0.41 EPS for the quarter. Killam Apartment REIT had a net margin of 86.91% and a return on equity of 12.07%. The business had revenue of C$96.68 million during the quarter. On average, analysts predict that Killam Apartment REIT will post 1.2904074 EPS for the current year.

About Killam Apartment REIT

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.