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

Edgefront Real Estate Investment Trust (TSE:NXR) declared a monthly dividend on Monday, July 22nd, Zacks reports. Investors of record on Friday, August 30th will be paid a dividend of 0.053 per share on Monday, September 16th. This represents a $0.64 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Friday, August 30th.

Edgefront Real Estate Investment Trust Stock Performance

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. National Bank Financial raised shares of Edgefront Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 17th. Ventum Cap Mkts raised Edgefront Real Estate Investment Trust to a “strong-buy” rating in a research report on Monday, July 29th.

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.