Primaris Real Estate Investment Trust (TSE:PMZ) Declares $0.07 Monthly Dividend

Primaris Real Estate Investment Trust (TSE:PMZ) announced a monthly dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.07 per share on Monday, December 16th. This represents a $0.84 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Friday, November 29th.

Primaris Real Estate Investment Trust Stock Performance

Wall Street Analyst Weigh In

Several research firms have issued reports on PMZ. Cibc World Mkts upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Friday, August 2nd. Canaccord Genuity Group upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Friday, September 27th. National Bank Financial raised shares of Primaris Real Estate Investment Trust to a “hold” rating in a research report on Wednesday, October 9th. Finally, TD Securities raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Thursday, September 5th. Two analysts have rated the stock with a hold rating and three have given a strong buy rating to the stock. According to data from MarketBeat, Primaris Real Estate Investment Trust has a consensus rating of “Buy”.