Cominar Real Estate Investment Trust Plans Dividend of C$0.11 (CUF.UN)
Cominar Real Estate Investment Trust (TSE:CUF.UN) announced a dividend on Wednesday, May 14th, AnalystRatingsNetwork.com reports. Stockholders of record on Friday, May 30th will be paid a dividend of 0.1103 per share on Monday, June 16th. The ex-dividend date is Wednesday, May 28th.
CUF.UN has been the subject of a number of recent research reports. Analysts at LB Securities downgraded shares of Cominar Real Estate Investment Trust from a “buy” rating to a “hold” rating in a research note on Monday, May 12th. On a related note, analysts at Scotiabank reiterated a “sector perform” rating on shares of Cominar Real Estate Investment Trust in a research note on Monday, March 3rd. They now have a C$21.00 price target on the stock, down previously from C$21.75. Finally, analysts at RBC Capital cut their price target on shares of Cominar Real Estate Investment Trust from C$22.00 to C$20.00 in a research note on Monday, March 3rd. They now have a “sector perform” rating on the stock. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Cominar Real Estate Investment Trust currently has a consensus rating of “Hold” and an average target price of C$21.73.
Cominar Real Estate Investment Trust (TSE:CUF) is a closed-end investment trust.
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