Primaris Real Estate Investment Trust (TSE:PMZ) Lifted to “Strong-Buy” at Cibc World Mkts

Cibc World Mkts upgraded shares of Primaris Real Estate Investment Trust (TSE:PMZ) to a strong-buy rating in a research report report published on Friday, Zacks.com reports.

A number of other research firms have also commented on PMZ. Scotiabank upgraded shares of Primaris Real Estate Investment Trust to a hold rating in a report on Friday, June 14th. National Bank Financial downgraded shares of Primaris Real Estate Investment Trust from a strong-buy rating to a hold rating in a research note on Wednesday, July 17th.

Primaris Real Estate Investment Trust Stock Performance

Primaris Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be issued a dividend of $0.07 per share. The ex-dividend date is Wednesday, July 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of ∞.