European Commercial REIT (TSE:ERE) Declares Monthly Dividend of $0.02

European Commercial REIT (TSE:EREGet Free Report) announced a monthly dividend on Tuesday, October 15th, Zacks reports. Shareholders of record on Thursday, October 31st will be given a dividend of 0.015 per share on Friday, November 15th. This represents a $0.18 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

European Commercial REIT Stock Performance

European Commercial REIT (TSE:EREGet Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The company reported C$0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.06 by C$0.05. The firm had revenue of C$36.04 million during the quarter.

Analyst Upgrades and Downgrades

A number of analysts have commented on ERE shares. Desjardins raised shares of European Commercial REIT from a “hold” rating to a “moderate buy” rating in a research report on Sunday, August 11th. Raymond James raised European Commercial REIT from a “hold” rating to a “moderate buy” rating in a research note on Monday, July 15th. Finally, Ventum Cap Mkts raised European Commercial REIT to a “strong-buy” rating in a research note on Monday, July 15th.

View Our Latest Research Report on European Commercial REIT

See Also

Dividend History for European Commercial REIT (TSE:ERE)

Receive News & Ratings for European Commercial REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for European Commercial REIT and related companies with MarketBeat.com's FREE daily email newsletter.