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

98532 (KMP.TO) (TSE:KMP) declared a monthly dividend on Tuesday, October 15th, Zacks reports. Stockholders 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 dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

98532 (KMP.TO) Price Performance

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

98532 (KMP.TO) (TSE:KMP) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.93 earnings per share (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 a number of research reports. Ventum Cap Mkts upgraded shares of 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 research note 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.