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

Primaris Real Estate Investment Trust (TSE:PMZ) announced a monthly dividend on Thursday, November 7th,Zacks Dividends reports. Investors 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 dividend yield of ∞. The ex-dividend date is Friday, November 29th.

Primaris Real Estate Investment Trust Stock Performance

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on PMZ shares. TD Securities raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a report on Thursday, September 5th. Cibc World Mkts upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Friday, August 2nd. National Bank Financial raised shares of Primaris Real Estate Investment Trust to a “hold” rating in a research report on Wednesday, October 9th. Finally, Canaccord Genuity Group raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a report on Friday, September 27th. Two research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.