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

Canadian Apartment Properties Real Estate Investment Trust (OTCMKTS:CDPYF) announced a dividend on Saturday, August 24th, investing.com reports. Shareholders of record on Monday, September 2nd will be given a dividend of 0.0909 per share on Monday, September 16th. This represents a yield of 2.91%. The ex-dividend date is Friday, August 30th. 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 Price Performance

Shares of CDPYF opened at $38.39 on Friday. Canadian Apartment Properties Real Estate Investment Trust has a one year low of $28.12 and a one year high of $40.63. The stock’s fifty day moving average is $34.48 and its 200-day moving average is $34.06.

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.