Edgefront Real Estate Investment Trust (TSE:NXR) Plans $0.05 Monthly Dividend

Edgefront Real Estate Investment Trust (TSE:NXR) declared a monthly dividend on Thursday, July 18th, Zacks reports. Shareholders of record on Wednesday, July 31st will be given a dividend of 0.053 per share on Thursday, August 15th. This represents a $0.64 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Wednesday, July 31st.

Edgefront Real Estate Investment Trust Price Performance

Edgefront Real Estate Investment Trust (TSE:NXR) last released its earnings results on Tuesday, May 14th. The company reported C$0.47 EPS for the quarter, beating the consensus estimate of C$0.18 by C$0.29. The business had revenue of C$41.60 million for the quarter.

Analysts Set New Price Targets

Separately, National Bank Financial raised Edgefront Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 17th.

Edgefront Real Estate Investment Trust Company Profile

Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.

The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.