98532 (KMP.TO) Plans Monthly Dividend of $0.06 (TSE:KMP)

98532 (KMP.TO) (TSE:KMP) announced a monthly dividend on Monday, September 16th, Zacks reports. Stockholders of record on Friday, September 27th will be paid a dividend of 0.058 per share on Tuesday, October 15th. This represents a $0.70 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Friday, September 27th.

98532 (KMP.TO) Stock Performance

98532 has a twelve month low of C$12.04 and a twelve month high of C$14.76.

98532 (KMP.TO) (TSE:KMP) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.30 by C$0.63. The company had revenue of C$90.78 million during the quarter.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KMP. Ventum Cap Mkts raised 98532 (KMP.TO) to a “strong-buy” rating in a report on Tuesday, July 16th. Raymond James upgraded shares of 98532 (KMP.TO) from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, September 5th.

About 98532 (KMP.TO)

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.