Allied Properties Real Estate Investment Trust (TSE:AP) Declares $0.15 Monthly Dividend

Allied Properties Real Estate Investment Trust (TSE:AP) announced a monthly dividend on Thursday, August 15th, Zacks reports. Stockholders of record on Friday, August 30th will be paid a dividend of 0.15 per share on Monday, September 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Friday, August 30th.

Allied Properties Real Estate Investment Trust Stock Performance

Allied Properties Real Estate Investment Trust (TSE:AP) last issued its quarterly earnings data on Tuesday, July 30th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.56 by C($0.36).

Analyst Upgrades and Downgrades

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

Allied Properties Real Estate Investment Trust Company Profile

Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industry.