Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) to Issue Dividend Increase – $0.09 Per Share

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) declared a dividend on Friday, February 21st, investing.com reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.0908 per share on Monday, March 17th. This represents a dividend yield of 3.8%. The ex-dividend date is Friday, February 28th. This is a boost from Canadian Apartment Properties Real Estate Investment Trust’s previous dividend of $0.09.

Canadian Apartment Properties Real Estate Investment Trust Stock Down 1.0 %

Canadian Apartment Properties Real Estate Investment Trust stock opened at $28.02 on Friday. The business has a 50 day moving average of $28.88 and a 200-day moving average of $33.55. Canadian Apartment Properties Real Estate Investment Trust has a 1 year low of $26.66 and a 1 year high of $41.55.

About Canadian Apartment Properties Real Estate Investment Trust

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.