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

98532 (KMP.TO) (TSE:KMP) announced a monthly dividend on Tuesday, October 15th, Zacks reports. Shareholders of record on Thursday, October 31st will be paid a dividend of 0.058 per share on Friday, November 15th. This represents a $0.70 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

98532 (KMP.TO) Price Performance

98532 has a 1 year low of C$12.04 and a 1 year high of C$14.76.

98532 (KMP.TO) (TSE:KMP) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C$0.93 EPS for the quarter, topping analysts’ consensus estimates of C$0.30 by C$0.63. The business had revenue of C$90.78 million for the quarter.

Wall Street Analysts Forecast Growth

KMP has been the subject of several research reports. Ventum Cap Mkts upgraded 98532 (KMP.TO) to a “strong-buy” rating in a report on Tuesday, July 16th. Raymond James upgraded 98532 (KMP.TO) from a “moderate buy” rating to a “strong-buy” rating in a report 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.