Innvest Reit Trust Units Plans Dividend of C$0.03 (INN.UN)
Innvest Reit Trust Units (TSE:INN.UN) announced a dividend on Friday, May 16th, AnalystRatingsNetwork.com reports. Stockholders of record on Friday, May 30th will be paid a dividend of 0.0306 per share on Monday, June 16th. The ex-dividend date is Wednesday, May 28th.
A number of analysts have recently weighed in on INN.UN shares. Analysts at Scotiabank raised their price target on shares of Innvest Reit Trust Units from C$5.00 to C$5.25 in a research note on Monday, May 12th. They now have a “sector perform” rating on the stock. Finally, analysts at RBC Capital downgraded shares of Innvest Reit Trust Units from an “outperform” rating to a “sector perform” rating in a research note on Monday, March 24th. Five investment analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average target price of C$5.18.
InnVest Real Estate Investment Trust (TSE:INN) is an unincorporated open-ended real estate investment trust (REIT).
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