Crombie Reit (EMP.A) Declares Quarterly Dividend of C$0.26
Crombie Reit (TSE:EMP.A) announced a Quarterly dividend on Monday, January 13th, Analyst Ratings News reports. Investors of record on Friday, January 31st will be paid a dividend of 0.26 per share on Friday, January 31st. This represents a dividend yield of 1.44%. The ex-dividend date is Monday, January 13th.
EMP.A has been the subject of a number of recent research reports. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of Crombie Reit in a research note to investors on Friday, December 13th. On a related note, analysts at CIBC reiterated a “sector perform” rating on shares of Crombie Reit in a research note to investors on Friday, December 13th. Finally, analysts at TD Securities cut their price target on shares of Crombie Reit from C$84.00 to C$80.00 in a research note to investors on Friday, December 13th. They now have a “hold” rating on the stock. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of C$60.11.
Crombie Reit (TSE:EMP.A) last released its earnings data on Thursday, December 12th. The company reported $1.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.15 by $0.06.
Empire Company Limited (TSE:EMP) is a Canadian company whose key businesses include food retailing and corporate investment activities.
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